Roman Capone
How to pay yourself if you elect a 1031 exchange
Hi there,Very new and ignorant to real estate but was somewhat dragged in without being prepared. Here's the situation.... I have a home that is currently being rehabbed and that I plan to sell next year sometime. I h...
Account Closed
Best Elective to choose for California Real Estate License course
Hi everyone,My goal is to buy and flip houses, but I have decided to start off with getting my real estate license in California. I have decided to go with Allied Real Estate School. There are two required courses: Pr...
Mary Jay
How to structure 2 or more member LLC?
Hi guys!One very smart person said:" If you want the multi member LLC because you are unsure if you could be contested in a single member LLC, then find a trusted friend and give them a nominal amount (5% or less) of ...
Elizabeth Watmough
Lend via LLC?
To create an additional income stream, I have decided to privately lend (gap funds under $50k for my first) amongst other members of the REI flip method coaching program to which I belong. I have already formed an LLC...
Maximilian Benjamin
Self employment tax with property in LLC
Sorry for the long post but I thought this was an interesting email conversation...
...which ensued when I began discussing with my CPA about future expansion and what I ultimately want to do with regards to real est...
Bill Gulley
2012 VOTE!
This is patriotic not political.
I have heard many many here say they weren't going to vote forone reason or another. Not fair!
Just because your favorite is not on the ticket or is known that they will not win is ...
Joshua Sun
Question on LLC - S Corp versus Partnership.
My girlfriend and I both have W2 jobs, and just bought our first investment property out of state.Shortly after, we created a LLC and plan on filing it as a S Corp. The property is not within the LLC. The property has...
Richard Warren
July 4th, 2009: National protest to register independent
On July 4th it's time to re-declare your independence. There will be an organized demonstration in Washington D.C. The people who brought you the April 15th Tea Parties have teamed with http://www.freeandequal.org/ ...
Adrian Brown
Single Member LLC with both spouses
I understand that me and my wife can both be on our Texas LLC, and we can still file as a Single Member LLC so that we have a disregarded entity from a tax perspective, but we still have the liability protection. In f...
Thomas Breedlove
Should I elect my LLC to be taxed as a corporation?
HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...