Stuart Stevens
What state to setup a corporation in?
I am doing my first flip and it appears that I should setup an "S" corporation or a LLC that is filed as an "S" corporation. Does it matter what state the LLC or corporation is setup in? I live in California which i...
Troy Stoehr
When is it time to set up an LLC
What are the advantages to setting up an LLC as opposed to just investing personally. I have a few properties and I'm thinking about setting up a business entity and putting my properties under that entity. Is th...
Account Closed
How do my husband and I pay ourselves in an LLC
Complete newbie here! My husband and I just started an LLC. We are each depositing the same amount as capital contribution so that our ownership is each 50%. My questions are: 1) How do we pay ourselves once we have m...
Mike Bowling
Hello BP community
I stay in the Akron,Ohio area. I know a lot with construction and basement waterproofing. I've been reading multiple forums on BP for about 6 months now and listening to the Podcast. I want to invest into real estate ...
Adam Craig
I am at the point where I need private money for my term loans?
I have 24 commercial loans on single family rentals spread across 3 banks. Each bank seems to have found their appetite with me due to my total loan numbers getting high. I called about 40 small banks in Ohio just to ...
CJ T.
Buying in Your Own Name & Building Business Credit w/ an LLC
Hi everyone,I live in California, investing in the Midwest.(Read only the bold if you're short on time)I'm getting ready to buy my first rental property (it's been a long time coming). Initially I was planning to esta...
NA Mass
S Corp Election or Not: House Flipping in MASSACHUSETTS
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Jay Thacker
Rental Residential Property Investment: Market Recommendations
Hello All,I am interested in investing in rental properties in economically diverse/robust cities (cities like Atlanta, Dallas come to mind). Key criteria for me are (1) Corporate america presence (2) Not necessarily...
Christine Watson
BRRR - How to put property into an LLC when I refinance
Hello BP,
I would like to finance a BRRR project with HML. Will I be able to put the property into an LLC, when I refinance? Exactly, how can I put the property into an LLC. Many thanks.
Philip J ashcroft
Incorporating my new property business
Dear BP community. I'm about to embark on my first property acquisition. I would like to incorporate and am based in Los Angeles. I have been advised to start a C-corp but should I set it up in California or another s...