Helen Zhang
Putting properties under LLC or Trustee?
I am considering to create a few LLCs and transfer titles to those LLCs. But before I do this, I noticed many property owners were putting properties into Trustees.
I wonder if theres any information that I am missin...
Jeremy Bohnett
Partnership Deal while LLC is being opened
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
David Fernandez
Legal/Tax implications of buying an LLC that owns Real Estate
Hi!II am looking to buy a small apartment building in Maryland that it is owned in an LLC. The seller suggested to buy the LLC that owns the building to avoid paying transfer taxes.I can save some money doing this, bu...
Katharine Corriveau
Rental market in Ewing NJ
My husband and I are considering investing in rentals in Ewing NJ. I'm wondering if anyone has experience in this market that they would be able to share with us? The housing prices are low but rents seem high, howeve...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...
James Sykes
Life Estate Deed Question that Cannot be Found on Google
Hey Biggerpockets Community! I have a tricky question that I cannot find any good answers for on the internet. Big fan of everything you give to our community. Here we go….So my dad signed over his estate (house an...
Vidit S.
Transfer tax if I do it to a land trust with self as beneficiary
Hi, I have done extensive research on this but still not able to have clarity on this so hoping the PA forum might be able to help. Me and two other friends are getting a loan to buy a rental property that we intend...
Tecsia Evans
Can I personally buy a home vested in my C corp?
We have a new construction SFR project in Oakland under our C corporation, where my husband and I are the only shareholders. We used a hard money lender to fund project. Project will be done in a few months and we dec...
Nick Pendleton
Buying 1st Property
I'm looking to buy my first rental property. I was wanting to make my business an LLC. Is it better to buy my property and transfer it later to an LLC or start the LLC first and buy the property under the business? ...
Grace R.
Married couple - do we need two LLCs?
My husband and I have an LLC (incorporated in NV but we live in CA) in which we have 50/50 ownership. We currently 3 properties: a CA rental property in his name, an IL property in my name, and our primary residence i...