Benjamin J Haithcoat
****properties under an LLC or not?****
I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...
Sai Kopacek
Help getting a LLC - Yes or No?
Hello everyone!
I am signing today to sell one of our live in flips! I will be using the proceeds to possibly buy a great cash flowing duplex close to our current house. As of right now, all the properties we have pu...
Kendall Vrana
Help with a SHADY landlord
Hi, all-- Before my fiancé, @Raymond Northcutt, and I had the notion to get into real estate, we were both renting. I was fortunate enough to have a landlord that gave me my entire deposit back on the spot-- no issues...
Marcus Frick
New Wholesaler Questions--LLC, etc.
Hi BP!Looking to start wholesaling in MN.And I have many more questions than answers:Do I form an LLC before I start looking for properties?Other legal arrangements I need to take care of before I get started?What are...
Scott Jes
Any cheaper mailbox alternatives to UPS Stores?
I had a UPS store box for a long time and didn't get much use out of it, but I'm thinking I'll need a business address again. Are there any cheaper alternatives to getting a pseudo address for busniess besides UPS or ...
Louis Chan
Do I need a tax advisor/CPA?
I'm going to invest in real estate starting later this year or next year as prices become more reasonable. I've begun the process of educating myself and researching these last few months. My question is do I need a...
Anurag Pulla
Risk with using personal names in lease agreements
Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...
Shane Monahan
transferring a property in Baltimore county/md to a llc
hi guys,i have my first rental property listed for rent and trying to get all my ducks in a row before i get some 1 in there . what do i need to transfer a property to a LLC ? is the deed and a payoff paper from the ...
Geoffrey S.
formation of a c corporation
I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...
Beth Rook
Does each LLC have different EIN?
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...