David Yu
Asset Protection & Legal Entities
I know there are stores that have an entity hold the real estate and have another company as an operating company in case of lawsuit. I'm trying to think how does work for real estate owners. If you have a LLC to ho...
Tiffanie Vendryes
Individual Agent vs Business Entity
Hi! I just got my real estate license. I'm considering forming a PA or PLLC. I wanted to know what are the pros and cons of forming a business entity?Thank youTiffanie Vendryes
Chris Marshall
Do I need two entities?
I don't want to just invest in real estate, I want to invest into everything. Stocks, start ups, money, every type of real estate I can. Should I creat two different companies, one that deals with the real estate and ...
Brent Kiger
Entity structure and Asset protection
Curious if anyone has used any of the attorneys from the podcast called, refresh your wealth, for entity structure or asset protection. I have a handful of properties and am looking to set up the best structure. Woul...
Javier D.
Purchasing midsize multifamily holding entity
I am looking to purchase my second multifamily property. A friend recommended to purchase the actual corporation which owns the asset. I ran it by my attorney and banker whom both gave me the green light.Pros:No deed,...
James W.
Separate Property Management Entity Requirements
If I own real estate in a partnership, but I want to pay myself a property management fee, can I create a separate entity to be the property manager? I’m not a licensed property manager / broker, but I’m a partial own...
Jacob Phillips
How many properties per entity
Hey BP!I’m just starting out and really just asking lots of questions. Today I wanna ask about entities. From my understanding, LLCs tend to be the favorite. Can you receive any income at all from an LLC? I’ve heard l...
Deep Patel
Disregard entity and bank account
Hi all.
We are in the middle of a 1031 exchange currently. To statisfy the same taxpayer technicality we opened a single member LLC that is disregarded for tax purposes. However, now without an EIN we are having trou...
Roger Pucket
Legal concern/entity set up
I know it is always appropriate to get legal council from a lawyer, but it is always nice to get multiple perspectives (particularly so as there are multiple attorneys with Bigger Pockets).
I’m incorporating a broke...
Robert Szalay
The Entity: Now or Not?
Good evening BP,As most of you may be aware, the year is quickly coming to an end. Under two months remaining by my last count!So here is what I am trying to figure out. Should I worry about establishing an LLC now, ...