Hello All,I am new to BiggerPockets but I already find myself spending significant time researching all sorts of topics that have been posted. I have recently got a quote from a law firm, to create a living trust tha...
Is there a template form on the BiggerPockets website?
Are there any general guidelines for what type of entity is typical for a note business? Outside of notes, you typically do your buy and hold in an LLC, but your active work (wholesaling and flipping) in some type of ...
Does anyone know if Illinois has an additional tax on out of state entities doing business in Illinois? For example, my partner, @Shane Barker an I are doing flips in IL with an LLC formed in UT. Would there be an add...
I am in process of purchasing a shopping center with 2 separate buildings in Oklahoma. Each building is owned by a separate LLC. Both LLC have the same members so I am dealing with same group(3) of people. I am using ...
A friend I have some previous experience working together on flips but never created a real partnership due to my corporate career. I have not retired from the corporate world and am looking to partner full time. I am...
I am one of two managing members of an LLC which is formed in Virginia. I live in Florida and my partner is in Virginia and all of our business has been conducted in Virginia. Our accountant is telling us our LLC is b...
Hi guys,Are there any specific legal structures recommended ? I heard from my accountant about a 2 level holding model.Anyone familiar with that?thanks!
I am in the process of acquiring a property in Texas and the loan will be under my name and my wife's name. I wanted to take out a loan under my entity but because the entity doesn't have any credit history it will no...
Hey guys, I have a question that I would appreciate your advice on. So as somebody that is just beginning to get into house flipping, I’m wondering how (and if) I should set up a legal entity. Some people say not to w...