Fred Kite
Self directed checkbook IRAs may be banned in latest tax bill
The current proposed bill has the following clause: "The bill also prevents investing in an entity in which the IRA owner is an officer." which is generally how the checkbook IRA is structured (IRA owner is the Manage...
Ponni Carlin
Setting up multiple LLCs and Business Credit Cards
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
Paul T.
All my REIs are in an LLC! Why am I being personally sued?
LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...
Vincent Martinez
lien considered an asset?
If a corporation has a lien recorded against a property, is the lien considered an asset for the corporation?
Darsh Patel
Should I create an LLC for my properties?
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
Gabriel Wheeler
Starting an LLC Online
Hey guys, new investor in Grand Rapids, Michigan looking for some advice. I think I want to start an llc to protect my investments, but I'm not sure what way to go. Should I just get one online? Is there something els...
Adnan Hussain
for rental properties which option should I select to registerLLC
Need some advice.I live in Delaware and want to buy a few properties in Chicago for rental. Where should I open the LCC Delaware or Chicago? I may buy properties in Delaware state in future or in another state.Also, a...
Matt Rhoney
Short-Term Capital Gains - Regular Income?
I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.
Brett Barry
LLC or Seperate Investors
Hi, My business partner and I are looking to start investing in multi-family rental properties in the Western Massachusetts area. We are wondering whether or not to stay as two seperate investors and both buy individu...
Luke Grogan
Tax Attorney Recommendations
I need to do some tax planning and need to clean up my corporate structure for both tax and liability concerns and wanted to get recommendations on Florida tax attorneys. I have nine rental homes and a separate consul...