Neal Daftary
Series LLC vs LLC in Texas - Need Guidance
Hello, I'm planning on purchasing property in the next couple of months. I have read about Series LLC. Needed advice and guidance on if I should initially start with a Series LLC or do a traditional LLC for each prope...
Patrick Giblin
Tax Implications of Properties Across Multiple States
Can anyone speak to this? Curious as to how it would apply to a large portfolio, or to syndications that hold properties across multiple states. I would assume multiple K1s would have to be filed for each state on you...
Michael Norris
Filing a DBA in South Carolina
Hello fellow South Carolinians, I am attempting to file my Doing Business As (DBA) and working my way through registering at the multiple counties and municipalities that require a business license.I filed a business ...
Pavlos Kasselouris
Hiring a VA for Quickbooks
I just reached a point in my business that I need to improve my bookkeeping systems and procedures. I feel that with the 5th property I can support the cost of buying Quickbooks.BUT I dont want to spend hours and hour...
Liz Lynn
LLC Property Questions
Not sure if this is the right category, but I would like some input. I have an LLC from my pet care business that I recently closed. The accounts are empty yet still open and the LLC is still in good standing, so cou...
Brody Nelson
Property not in LLC name
I recently bought my first rental property with a business partner. We did a conventional 30yr fixed rate loan. The loan was placed into our personal names and not our LLC. We are looking to to transfer it into the...
Max Kats
1031 question on multi member LLC
I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...
Steve Totino
What should I do with this tenant?
Hi I have a Two family home. I live in the bottom unit. Tenant lives upstairs. He hasn’t paid me for this month. I don’t like him at all he has multiple lease violations such as smoking, loud parties as night, and hav...
Garrett Diegel
Dual LLC Question - is it unnecessary
Looking forward to some great info here. My question, what are your thoughts on DUAL LLC'sIs this just tooooo much?One company as a holding / management company of our portfolioAnother company as a home buyer company....
Tom C
Advice on setting up an LLC
I want to setup an LLC for my property investment business, although I have been told not to title the rental property in the LLC's name, due to the fact that when evicting, you have to have an attorney to do the evic...