Isaac K.
Real Estate CPA who can do LLC tax filing
Hi BP,All the brand name CPAs like Provisions, Mark kohler or evne Clint Coon's firm charges around $8K-$10k for LLC real estate tax filing. Those are famous firms and I know those are also for big busienss people. Fo...
Ari Bachrach
Asset protection without an llc
Because asset protection is a high priority for me I've kept everything I've done until now in an llc. However I've been thinking about financing, and the very cheap and long term fannie/freddie loans are enticing. To...
Gregory Schwartz
Negative affects of forbearance?
I heard a rumor that commercial lenders are asking about forbearance. Specifically, if you had to ask for forbearance from your bank since it indicates a borrower has less than a stable financial position. Anyone else...
Yannes Chiang
Buying the LLC instead of the property?
Hi,We are investors from California and are looking an opportunity in Philly UPENN area and the seller offers to sell the LLC which was established to hold the title of the property or the property only. It is a newly...
Erica Anne Langston
How do I break the foreclosure news?
We are closing on a neighboring foreclosed property tomorrow that's occupied by the (former) owner, and part of our contract with the bank stipulated that we couldn't talk to the current owners about the foreclosure o...
Christopher K.
Bank won't lend to LLC, what am I missing?
I was told when talking to guru's that when buying an investment property, to make sure that it is purchased as an LLC and insured as one as well. From my research (NJ), no bank will lend to an LLC (meaning I cannot ...
Jeff D.
protecting what's held in an llc
All you hear and read about llc's is that they protect your personal assets if your llc gets sued and things go above your insurance limits. So the slip and fall plaintiff can't get to your house, personal assets, e...
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortg...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Joe Fermin
transferring ownership to llc
hello all. our rentals mortgage is held by phh mortgage. i asked if i can transfer the ownership/loan to an llc, which i was considering starting. they said that they do not do that, but i may be able to do somethi...