Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties. However, when electing to be taxed as a sole proprietor (IRS default for single mem...
So I'm exploring investing out of state and I'm wondering about CPAs and lawyers...Do I need a CPA from that state?Do I need a CPA from the state I'm in?What about a lawyer...is it best to have one from the state you ...
Good day Bp fam .... hope everyone is staying safe . I wanted to get a lil input on business entity’s . How important are they ? Do you really only need an llc? I hear if you setup the wrong type of Corp you could end...
I bought a property at the recent county auction and closing is coming up. Is there any reason to get a lawyer for the closing? At the county workshop they stated about 50% of people bring lawyers to close.
My dad owns a vacant lot in Pennsylvania he doesn't want anymore and asked my brother and I if we wanted it. I'm posting here to find out the easiest way to transfer the property from my father to my brother and I. is...
I have purchased a property via upset sale. Of course, the property has no lien other than the tax owed to the county by the previous owner. I am looking for a lawyer to know more about the redemption rights of the pr...
my partner and i have been talking to a cpa and he told us to start up an s-corp to avoid self employment tax which is at about 15% in minnesota. according to him we would 1) incorporate our business 2) file with secr...
Hello Real Estate Investors!I have a question regarding registering llc’s as foreign entities in the state you are conducting business in.
For example, Is it necessary to register the llc in the state that I am con...
I was wondering if you had any input as to the closing costs that you typically conduct deals with and charge buyers and sellers.Is it different based on the state that you operate in?