How are you guys holding your notes? LLC, a Trust? Curious to know....thanks
Hi BP-I recently talked with an attorney about setting up an LLC to hold a couple of rental properties. Previous rentals had been held in my own name, but I wanted to transfer current properties into an LLC. I had h...
Ok so I am looking to purchase property out of state. Currently I live in Texas but would like to open an LLC and purchase property in VA. How does this work? With my other two companies I have a series series set up...
Hello my BP members, so I just formed my entity working under a investor and in the future invest myself using this business entity, so here is my question, if anyone could please chime in that would be really appreci...
I purchased a buy and hold propery 5 years ago for cash in my name only. Last year I got married and put this property into a LLC with my wife, and in our trust.I'm looking to 1031 this property now but wanted to know...
I understand that being from California, one is obligated to pay the California Franchise Tax Board for every LLC owned whether it's in state or out. If one owns multiple multi-family buildings out of state with each ...
I am just beginning my real estate adventures and am researching the different ways to structure my new business. Are most investors doing it with an LLC? If an LLC, is it structured as partnership or S-corp for tax p...
I currently own an LLC in Illinois and have the right to do business in IL and IA. All business expenses and assets are located in IL and IA.
My questions is: Since I live in CA am I subject to a Foreign Entity Tax o...
Hello,I'm part of a group of three individuals looking into purchasing a buy and hold property, in a college town that will be rented to college students. We plan to contribute equal capital to the investment, and rei...
Looking for a little help because I'm getting conflicting information. I set up an LLC in my name but not tied to my SSN. I filed for an EIN (I should have had a registered agent set it up correct?)I had my attorney s...