Jacob Swirtz
small business help- tax deductions and getting started
Hi, my name is jacob (18) and i’m from minnesota trying to start a small shoveling business this winter with a partner. I don’t believe that we will be making a whole lot of money this winter but we both want the expe...
Donna Williams
California resident with WY parent CA sub LLCs
Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...
Account Closed
How does money laundering work in a real estate investment firm?
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
Rob Wallace
Recommendation for mortgage lender who will lend directly to LLC
I’m looking to purchase a rental property in Cincinnati. My partner and I are unmarried and have set up an LLC with each of us as 50% members. We would like to purchase the property through the LLC with financing dire...
Shawn Ackerman
Tire Kickers Anonymous......You guys need a group!!!!
REALLY?!!!!! This is what I tell myself after sending initial deal info to a "buyer" and when I ask for the POF or Pre-Qual, CRICKETS...... You guys ought to be ashamed of yourselves. To all of the TK's out there, l...
Andrew Grams
Starting An Anonymous Trust to Form An LLC
Does anyone have experience in starting an Anonymous Trust to then use as the principal of an LLC that they could speak to? I'm exploring this option now but would love to have any light shed on the topic before I div...
Lisa Schofield
Anonymity-Virtual address set up for an LLC
Does anyone know how to properly set up a virtual address and Statutory agent for your LLC to remain anonymous? This is to house your investment propeties in.
Paul Munly
Selling my home, buyer's agent received "anonymous tip"
I'm in the process of selling my home, roughly 2 weeks from closing on the sale, and the buyer's agent received an "anonymous tip" about an issue my realtor was supposed to have disclosed to the buyer (I assume they d...
Tam Nguyen
REI LLC vs DBA and overall structure question
I'm relatively new to REI but am at the stage where I'm looking to acquire more rentals (mostly out-of-state). To date, I have a few rental properties (1 in CA where I reside, and another out of state). These are al...
David Weintraub
Borrowing Through a Land Trust
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....