Mark Updegraff
Naming a PM company
Just wondering what your thoughts are on naming a PM company.
For liability reasons, we want the managing company to be separate from the owning entity.
I've considered using my last name for the PM company but ...
Marcelo Ricarte
New investor in Ft Lauderdale, FL
Hey guys, I'm being charged $750 to build a corporation.. (I think it's a little high but might be worth it) any thoughts/advises on that?
Jim Tiernan
Listsource questions
I want to target non-owner occupied free and clear properties.
To get free and clear properties I need the filter "equity = 100%"?
Why exclude "corporate-owned properties"? I would think many non-owner ...
Rick Turman
Tax Strategy Guidance For Rentals
I have combed a few forums but have not found a variant for my questions that I am needing help with. I own two duplexes that were purchased in 2019; one in my personal name and one in the business. Both were in ser...
Brian Schmelzlen
New details on the tax bill
For those of you who do not an alert set up for whenever news breaks about the new tax bill, details are coming out about what will be contained in the final version of the bill (coming out of committee).Here are the ...
Kristen Chapin
1099/LLC/SCorp- Tax Advantages
I have an interesting situation and looking for advice. I have contacted my CPA but am still really confused as to the best option so here’s the story. I work as a licensed 1099 contractor in real estate. You can pre...
Chris T.
Best Wholesale Entity?
I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...
Amaury Gallais
Corporate structure for house flipping
Good day all,
This is my first post, and first off I must say this is a fantastic forum, I've really enjoyed all of the quality information that’s available.
I have a question that I'm sure has been answered before,...
Gareth Kindree
Sole Proprietorship Vs. Corporation
I've been planning to invest in a property to rent it out and I'm not sure whether it would be better to do so as a corporation or a sole proprietor. Are there any tax benefits to creating a corporation?
Tyler Durbin
With Multiple LLCs - master bank account or individual accounts?
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...