Account Closed
Incorporate or not for investors with high incomes
Hi,From my research, an LLC goes a long way for asset protection when set up and maintained properly. However, it loses some tax benefits. Now, I think many of those benefits are phased out for high incomes, and/or re...
Neal Collins
Anyone have experience incorporating interns on their team?
Does anyone have experience bringing an intern on to learn the ropes of investing, brokerage, lending, or management? We are looking to start a program to help young adults try and figure out where they want to take t...
Michael Andrews
Cost to incorporate LLC via attorney vs. online
I am in the process of getting my real estate investment LLC off the ground and after meeting with an attorney and comparing costs to an online solution like Legal Zoom I am wondering if there is a benefit to one or t...
Mike Dawson
Need help moving forward with incorporating and structure.
I'm a little stuck and could use some opinions on the matter. Every article or post I read seems to contradict the last to some degree, and each answer seems to create 2 questions. I am under the impression that for...
John Mcdaniel
How to pick most favorable state for incorporation
Currently in the process of purchasing a residential REO in NJ, but intend on buying property in Florida over the next several months, as well. The plan is to form an LLC, and as we are doing business in both states ...
Robin Valadares
Looking for Real Estate Account- Trying to incorporate
Good Afternoon BP community,I'm starting to try and build my real estate team. I currently have an accountant however he isn't too familiar with real estate investing so I was hoping to find someone who has a bit more...
Suresh Kumar
Do you incorporate before buying a rental property?
Hi, I am planning to research and buy rental properties / flip houses. Is it wise to form an LLC or do in personal account. How are others doing this? Any suggestion to a newbie?
Chris M.
Changing State of Incorporation to Delaware? Nesting LLC's?
Hey guys, so we have a business currently incorporated in the state of Oregon. After researching, we realized that since we will soon be filing our taxes as an S Corp due to exceeding $40,000 in NET income on a yearly...
Brian Lybert
Forming an LLC in Virginia
I am debating forming an LLC prior to acquiring my first rental property. However, I have not decided which state I want to start in. I live in Virginia (Hampton Roads Area), but have been looking in the Baltimore M...
Randy McKillop
NEW INVESTOR IN CANADA, NB
Hey BP fam! I'm located in Plaster Rock, N.B CANADA. I'm new to the idea of real estate investing. In 2019, I tried flipping a property in a town 30 minutes from me. It wasn't a grand slam, by any means, but it was a ...