Hi everyone,I am interested in buying a rental property in Illinois but live in NJ.. What are the pros and cons of having a LLC in NJ or IL.Thanks
Good Morning BP!Thank you ahead of time to all responses!I have a large home that has been very difficult to rent in winter. Competitive pricing and tons of marketing has only brought in a small pool of applicants. ...
One of my favorite books is the millionaire real estate agent by Gary Keller. The book shows how one can build a brokerage and have a mind set of a business owner. Although, I've ran my own business (non real estate r...
For those of you with STR properties in Pigeon Gorge, Gatlinburg (Tennessee) how do you hold title?
I talked to a TN attorney this morning and he said if you own an LLC there is a $4,000 annual franchise fee and you ...
Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.
I want ...
Just curious to know if anyone has taken Ray Kroc's Real Estate strategy and did it themselves? How well did it work for you and what would you do differently if you had the chance? For those of you who don't know Ray...
Hi all,Just curious if anyone has sold a successful flipping business, and if so for what type of valuation (EBIDTA multiple)?
What do you consider to be the hardest part about investing in real estate?
Can you own a controlling interest in a real estate company if you're not licensed in NC? Assuming you have a BIC in place as a manager/officer of the company, and all transactions are done through the oversight of th...
I browsed several posts about taxation on out of state LLC's set-upsin CA, but didn'tt find the exact answer I was looking for...Can someone shed some insight?How does the CA Franchise tax board view ownership of mult...