Good morning,I'm looking to get advice on LLCs. Is it better to have all rental properties in one LLC or have an LLC for each property? I understand having multiple LLCs can be challenging but I think it would be help...
Hi all,
I assume this a question for you CPAs out there:
If I'm utilizing hard money loans to purchase properties, should I be receiving a Form 1098 Mortgage Interest Statement from that hard money lender? I'm not s...
We presently have 10 homes, each with a loan. Our goal is to retire in 5 years. In order to do so, we are making extra payments on our loans. As one loan is paid off, the extra payment plus the payment from the ...
Would like to know how others are structuring their rentals?If you have more than 10+ residential properties, how do you structure it? Put them all in one llc? Wouldn’t that be a liability though? Would love to hear f...
When filing taxes with multiple LLC's, I am assuming each entity requires a return. Does each LLC require a FEIN or can it be filed under the owner's SS# ?
Hi, I'm looking for any referrals to CPAs that have good real estate knowledge and are familiar with taxes for multiple states. Please send anyone you recommend or yourself my way! Thank you in advance :)
Hello and thank you. I am moving from Michigan to Chicago and will be renting out my house in Michigan. I was wondering which state I should file the LLC in. Along with that does it matter where I set up the business ...
Hello BP! I have a question in regards to good financial bookkeeping companies. What are good companies to use for personal finance and business finance? I hear mint.com is really good for personal but you can not pri...
I found a really great house going up for auction in 3 weeks. I would like to buy it with some friends and family money from the auction. Fix it up and refinance it into a mortgage to live in.I'm guessing this will ta...
Hello, I am here in Los Angeles county, any websites or do I have to go to court TO GET EVICTION LISTS??. I need the homeowner and property info. I don't care about the Tenant. I am looking to target these homeowners....