Srikrishna Karnatapu
Buying a property with two more partners
Hello
We(3) are planning on buying a rental property. I'm wondering how this purchase should be handled, this is our first property. Should we incorporate and handle the income under incorporation or leave it as pers...
Kenneth White
When is it a good idea to get a LLC?
I'm about to buy my first house and it's going to be a house hack. I read rich dad poor dad and he talked a lot about incorporating. How big does your portfolio need to be for incorporating or getting a LLC to be a be...
Ralph Ace
How Unincorporated areas formed
I had a quick question on how unincorporated areas formed.
Why these areas where not part of a municipality to begin with.
Dillon Scott
Options for Partner Investing
Hi, I'm a new member in the NYC area looking to gain insight on how to structure my first purchase with a friend/investor.I've heard the pros and cons for LLC's, being that they provide limited liability and pass-thro...
Brian Wall
Best way to Legally Structure Deals?
From what I've read on the Biggerpockets Forums in the US section, an LLC is the most popular for the liability protection, and the tax structure, and has less accounting headaches than a C Corp. However....here in C...
William MacBride
"flex option agreement"
Hi
I just got a little surprise this morning. It turns out my girlfriend and I are already an incorporated real estate business called "Alpha and Omega Real Estate Servives, Inc." She somehow got incorporated without...
Rich Sutherland
Nevada LLC v Connecticut LLC
Hello All,An absolute newbie here! I have a partner who has created an LLC in Nevada for flipping houses as they were advised it was best. Ive done a little research and looks like it is more beneficial to create an L...
Zach Bellizzi
Start an LLC in Wyoming? (Out of state)
I live in Illinois, looking to start a real estate investing business. Should I start an LLC out of state (Wyoming)? I would be doing business in Illinois/Indiana. Thank you all
James Sotipalalit
Business Cards
Hello everyone on biggerpockets how are you? Well I hope this makes sense and hope its not a dumb question but I am just starting out as a real estate investor. If I get business cards and lets say for example I name ...
Barbara C.
Taxing and wholesaling business
After reading lots on this forum, I realize that I do not need to create an LLC but an S-Corp for purpose of (personal liability protection only) . Since the taxing will pass through to my personal income thus the sa...