What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...
Do you use different business entities to buy/subdivide the land parcel and build new homes on the subdivided lots?
First thank you for reading and helping.So the background:I own two condos free and clear. Rented at 1200 and 1700 a month on contract. I have a heloc on my primary for about 60k of 100k @3.5%. The house is appraised ...
Hello all, My father is preparing for retirement and is beginning to organize his RE investments for when he’s no longer here (not for many years prayerfully). He has purchased his properties over 25 years, but all ha...
Hello,
Im a business major and need to do a market analysis for a business plan for one of my classes. I am creating a business plan of a property management and developement company catering to non-profit organizatio...
In the middle of buying out partner (50:50 partnership) in a mixed-use owner operated Gas station and real estate property. Buy out would be of two companies, first is operating company for the Business operations of ...
Hello BP community,
I am venturing out right now on my first commercial real estate deal and need to get my bank loan package together. I own a handful of residential properties already but never done anythin...
I have had a few opinions on incorporating given to me. I wanted to get the opinions of the people on this board.
The question is, should I own many corporations or 1 corporation and many doing business as'? Seeing...
Do you do business on your personal cell phone or do you need a secondary cell phone to do business?
Curious for suggestions on great tax and business attorneys. I live and invest in Omaha, Nebraska, but I’m informed that I don’t necessarily need a tax attorney from the area. For example, I’ve heard great things abo...