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quit claim property to an LLC
If a property that is owned under my name is quit claimed to an LLC that I have established do I destroy the protection that I am trying to get by having the property in an LLC?
Reading several books on real estate o...
Brendan Reilly
LLC questions and taxes
I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...
Britnie Daugherty
To sell or NOT to sell????
Hello out there in real estate wisdom cyber-space! We need some advice on a opportunity that has presented itself.We have been in the rental business for two years and have two rental properties. We have lived in our ...
Samuel Hoston
LLC or Sole Proprietor
Hi guys which is better for residential real estate investing, invest as individual, LLC, or Sole Proprietorship?
Darnell Eason
Start my LLC in my home state or property state
I’m just starting out in the real estate investment world. I live in New York and I’m looking to buy property out of state. My question is...do I form the LLC in my home state or in the state in looking to buy he prop...
Stephen Keighery
SBA Disaster loan changed
I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
Aaron Schwab
How many LLC's is too many?
So after reading and doing research and attending seminars, I'm still in question regarding how I should list my future company. Do I start an LLC per property so my entire portfolio doesn't come under fire if somethi...
Andrew Teng
Is it true that I need a LLC per every deal I purchase?
Hi, all. I am a newbie in real estate investment business. Still learning pieces of it to build my own company or profolios. I'm reaching out to seek for advise on creating an entity - LLC.Is it true that I need a ...
Phat Vi
Tax Reduction and Owner Financing
Hi All,I am learning about owner financing and one of the question I have right now is "how does the tax reduction works in the owner financing". A normal mortgage company mails a IRS Form 1098 on the interest we pay....
Jef A.
100k to invest looking for direction
I have paid off student loans, my house, credit cards, car and have 100k that i would like to invest. I have been looking into carwash, storage units, multifamily rentals, and other ideas. I would like to find multi f...