Logan Jag
INCORPORATION OF RENTAL PROPERTIES
Hi, After how many properties should we incorporate in Canada? Are you allowed to claim CCA for Tesla (Zero emission) that is used to manage residential properties in your personal name?
Brian Lybert
Forming an LLC in Virginia
I am debating forming an LLC prior to acquiring my first rental property. However, I have not decided which state I want to start in. I live in Virginia (Hampton Roads Area), but have been looking in the Baltimore M...
Rodney Dawkins
Bird-dog or wholesale
I have two potential deals in front of me, I'm waiting on my articles of incorporation which the bank is asking for. First deal can pick up for 70k partailly renovated contractors estimate to finish renovations 20k, ...
Account Closed
Tax advantages of incorporating
It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...
Cathrine Mcnair
R.E. Attorney ? Accountant? near Northern VA
Hi all,I am in the final stages of prep work for the structure of my business. I would like to know if anyone has any great recommendations for a R.E. Attorney, and Business Accountant (CPA, AICPA, EA) in the northern...
TJ Peterkin
Articles of Incorporation/S-Corp in NC
Greetings BP,
I'm setting up my business and I need someone to point me in the right direction for my Articles of Incorporation. My S-Corp business will include buy and hold and also developing rentals and doing real...
Sam Green
When is it time to incorporate?
When is it time to incorporate?
I realize that buying property puts you at risk for being sued. At some point, I think you become a target, and should protect your personal assets. Is incorporating a good way to do...
Robin Valadares
Looking for Real Estate Account- Trying to incorporate
Good Afternoon BP community,I'm starting to try and build my real estate team. I currently have an accountant however he isn't too familiar with real estate investing so I was hoping to find someone who has a bit more...
Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Paul LaSpina
Business structure
I am starting my RE investing biz and have been going back and forth on set up and state of incorporation, I am at the point the I believe an LLC would be best and I should probably set 1 up in Wyoming or Nevada. I li...