Jeremy Kloter
Trust or LLC for rental?
Hey everyone, just curious if you personally are holding rentals in a trust or llc? Also, have you hired a trustee or are you doing it yourself? I'm joint venturing with a partner and we're putting in a land trust and...
Andrea Kugelman
Multiple LLCs vs LLC and land trusts
I spoke with my lawyer and my CPA today and they both have different suggestions.I own a few buy-and-hold and will be managing rental properties for others as well. My lawyer suggests 1 LLC with the properties in it a...
Amy Wan
Change to definition of "accredited investor"
Big news, syndicators: This morning, the SEC adopted amendments that expand the definition of 'accredited investor'. This has been a LONG time coming. The changes will be effective 60 days after publication in the Fed...
Account Closed
Partnership Structure Advice - 3 Members
Hi everyone - had a quick question regarding partnership structuring.Including myself, I have 3 partners and we are looking to invest ~$100K. Finally taking the leap!If we are equally contributing capital, is their a...
Manny Heard
Wholesaling; planning for the longterm
I'm new to real estate investing, and I'm jump starting the plan with developing my business; I found the name I wanted, and I'd like to know if its a better idea to register the company as an LLC or Corp? (S) Corp sp...
Eddie C.
Transitioning rentals to a holding company LLC
Hello All,I had a couple questions regarding the best way structure and form the LLCs for my rental properties…….and some of the logistics behind it. I currently own 2 rental properties under my own name (w/ an umbrel...
Haseeb Awan
Tax/Lawyer recommendation for Canadians ?
I am based in Canada but planning to move to US soon. I am investing in few properties in US ( Michigan to be specific), but also looking at other states as well. It's my own money + money raised from F&F. Most of...
Account Closed
Looking for a Real Estate/Tax Advisor or both in Fort Worth area.
Looking for a Real Estate/Tax Advisor or both in Fort Worth area.My situation is that I have multiple businesses and multiple partners I want to be able to structure all companies correctly with the best asset protect...
Scott Cole
Anonymous Trust & creation of LLCs
Based on the discussion in the BP Podcast episode 109 (I believe), I need to create a revocable trust before creating my traditional (holding company) and Series LLCs (operating company). Has anyone else here created...
Justin M.
Setting up LLC or Trust
I am just now looking to start buying and holding properties. I want to make my first purchase in the next few months. I am interested in setting up a trust that will control my Series LLC. I am planning on investi...