Hello BP Community! My wife and I own a rental property that we decided to rent through a corporate housing company in August of last year. They contacted her and said they could provide above market rent due to using...

Hi All,I have a question about LLC's, S Corps, and C Corps.  I work as a real estate agent in Washington DC and want to corporate myself for tax reasons.  What are the guidelines for where I am allowed to start my S C...

I am semi-new to the real estate investing world. At the young age of 21, I own two rental properties and a third one under the works (Paid with cash). I have not yet created an LLC, which leads me to question 1. ...

I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...

Help me make a comprehensive list of all the tax benefits of owning rental real estate!So far I have:-Depreciation =deduct home price (divided by 27.5) from your income, rental for active income-Rental income is taxed...

Hi M. Turner,I have read your guide and I am about to buy your book. I am a Canadian citizen. My Canadian corporation has an EIN number. I am interested in the US market because of its possibilities and upside. Howeve...

For instance, for my first purchase, if I wanted to buy a duplex would I then, at any point, be able to transfer that duplex to an LLC if purchased with a mortgage? And how soon?If not, what would be the best way to p...

I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...

Hi everyone,

Hope you all are doing great. First, I want to thank the folks here on BP it's wonderful to be able to speak to so many people who are willing to share good information with each other.

I come from...

I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...