Hi all,I'm a newbie investor in the Chicago area and just stumbled onto this forum. So much great content here. Since I have a pretty intense day job that requires quite a bit of travel -- I'm interested in a lower ...
I am working with a real estate developer who is looking to raise capital on 21 x 2 family house purchase, gut/rehab and flip. I am in the process of raising funds for him, basically $260k money raise per property. Th...
Hey BP!I’m just starting out and really just asking lots of questions. Today I wanna ask about entities. From my understanding, LLCs tend to be the favorite. Can you receive any income at all from an LLC? I’ve heard l...
I am interested in purchasing properties with small groups of families for student housing (their kids). Each property will be purchase and manage through a seperate LLC. 1. As the managing partner, will I need to q...
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...
Hi Everyone,I'm a newer member here on Bigger Pockets and have a question that I'm asking somewhat retroactively hoping for some guidance on my next investment property purchase. My wife and I currently live in Europe...
I have spent a ton of time researching how best to structure our real estate holdings. We have them in a couple of LLCs now but want to add a holding or series LLC for asset protection as well as reduce our income ta...
I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
Hey Everyone, This is my newest flip and FIRST EVER subject to....Here are the details:I was able to take over the mortgage at 93kI paid the sellers 20kRehab is 35kARV 220k
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...