Lewis C.
LLC Formed, what next?
Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...
Brandon Hicks
How small is too small to syndicate?
I’m looking at a strip center in the $500k range. I could sell a few of my duplexes and 1031 into it but I’ve considered just syndicating it to gain some experience on a small deal. It’s a 100% occupied 12 cap deal wi...
Joe Rinella
Buy a rental property and transfer to LLC?
Hi everyone,I'm considering putting an offer on a 4 unit rental property. This will be my first real estate investment if it goes through. I don’t want to live in it so I'm going to do 25% downpayment. I want to open ...
Mano Chidambaram
Legal way to raising capital for someone else's syndications
Through the years, I have built a network of high-networth, accredited investors who are interested in diversifying into real estate. I have passively invested in several MF syndications & have done a ton of resea...
Ravi Veer
Self-directed IRA/401k - conflict of interest triggers "prohibited transaction"?
Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...
Janea L.
When is the best time to set up an LLC?
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
Dwight Bradshaw
Which LLC company for flipping?
I'm brand new and am planning on forming a Fix and Flip LLC taxed as an S corp. From my reading this seems to be the way to go for this part of my REI.
My question is:
If my company is Bradshaw Properties, LLC then ...
Adam L.
Should I start a LLC?
Just starting out in buying rental property, should I create a LLC because of taxes and liability?
Nathan Frost
QCD property from LLC to name
Hi, how can I go about quit claim my property from my LLC to my name so I can get a heloc on it? It has been in an extremely frustrating two weeks. I have a 100k equity in my primary and can't get a HELOC because the...
Bob Malecki
1st position note on CA home with balloon??
Hi Folks,
I'm looking a buying a first position note for $150k UPB on a home with an apparent value of >$300K located in So. Cal. via the FCIxchange site. Its listed as "newly originated". I looked at the ...