Guillaume Vidallet
Setting up LLC in my State or out of State
Hello,I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create ...
Zee D.
Tax Liens, Self-Directed IRAs and LLCs
Hi,
I currently own two tax liens in my name that haven't been paid off thus far. It seems likely I'll be able to take action in just over a year to acquire, but understand that I'll get a big tax hit if I end up sel...
Jason Schmaltz
LLC Creation on Cash Out Refi - Getting the Money
I am in the process of lumping 12 properties together into a portfolio commercial loan. The lender requires I put all my properties into an LLC (currently all in my name) - no problem for me to do this and quitclaim ...
Craig Fitzsimmons
Writing Off Up-Front Costs
Hi All,
I am set to close on my third property later this week (all this year) and want to make sure I'm organizing all paperwork for tax write-off purposes. What "up front" costs can I write off? Appraisal, inspec...
Josh Trup
Advice on Finance setup for first rental property Duplex
Hello all,
In the middle of acquiring my first rental duplex in Ohio as an OOS investor. I have two major questions.
Should I open an LLC for it?Should I open a new checking and savings for it? (mostly what ive read...
Carliss Robinson
Self direct IRA for realestate
Hello, not sure if I'm posting in the right group but I'm looking at buying a home to rent. I plan to have the home occupied by a home health aid service who takes care of people 24hrs day and need a home to rent for ...
Raphaël C.
Company creation for investing
Hi guys,I was wondering if it is better to create a company before stating investing in real estate. What it is the best?Thanks,Rafa
Adam P
What account to pull cash contributions for RE? Multiple businesses
I've been following my accountants advice and pulling funds from 1 business, putting them into my personal account, then transferring them into my RE account to acquire property. Is this the correct flow of funds for...
Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
Rob Burgess
Should I create an LLC
Currently have 1 door. Looking to scale fast with SFH's and small multi's over the next couple of years... I have gotten a lot of conflicting information on whether I should set up an LLC. I know it costs $'s to se...