Zach Lincoln
Holding Entities Regarding my Own Situation
I have been reading multiple books on corporate structure I.E. "Incorporate and Grow Rich". I make 100k a year, live off of 40k and would like to invest 60k a year. I understand that I shouldn't hold rental properties...
Alexis Huerta
LLC Tax Election?
currently weighing my options on how i want my LLC to be taxed.Business activities will be receiving royalty income from my buy n hold properties..s-corp or partnership????? is the million dollar questionsand i want t...
Melissa Lowery
New Investor Alert
Hi everyone! I am really excited to be apart of BP! Any advice on getting started in fix and flips would be greatly appreciated. I'm currently in the Atlanta area looking for wholesalers and agents. I look forward to ...
Calixto Urdiales
this is how you do it!
Hello everyone-
The other day I was in deep discussion about various programs that are offered through our government programs and I was shocked at how many people did not know what is out there for them. Below you w...
Account Closed
Form an LLC in Nevada and operate out of Illinois?
Hello BP,
I'm planning to build 10+ spec homes in state of Illinois over next a couple of years. The plan is to build and rent and perhaps sell off a few as we go along. I have a partner who lives locally and...
Nicholas Kania
Guidance on Forming a Real Estate Business: Partnership, Tax Strategies, Accounting
Hello Bigger Pockets Community,
I hope everyone is doing well. I’m reaching out to this knowledgeable community for some guidance as my partner and I embark on our real estate investment journey.
Our Situation:
Par...
Leandro Zhao
When to buy a house under a corporation in Canada?
I listed to many BP podcast and over and over again, I hear them saying that they buy property under a different and NEW LLC and they have another service LLC to rent the unit to "protect" themselves.All the local inv...
Steven King
LLC
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
Wilson Lee
Trasfering Ownership from a C-corp to to an LLC
The USA is a litigation happy country. I do my best to limit my exposure to this wild west style lawsuit culture we have.I am starting to flip properties but, for the last few years I have purchased rentals to hold. ...
Jeff S.
Withdrawing funds-LLC
What is a typical schedule when withdrawing funds from an LLC? Would it be monthly, annualy or does it matter? Secondly, what do you title them in your checkbook?