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I hold my rental properties in my LLC, recently I flipped a house that purchased Oct 2013 and sold March 2014.
My Accountant as told me that if I flip a short term hold property that is held in the LLC that h...
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Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...
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Hello,I am a small business owner who is in the process of shutting down one business and building a new one. I also have 3 properties that are cash flow positive and humming along that I purchased about 2 years ago....
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I will be collecting money for 3 investors to purchase multifamily units.1) Is LLC or S corp the best entity?2) Is it possible to apply for a mortgage without anyone's personal credit? I assume one of us needs to app...
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Hi BP community! I'm someone who is starting out in Real Estate Investing this year and looking to this awesome group of knowledgeable people for some advice on what type of entity to establish - an LLC or corporation...
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I am a cash-flow investor with 5 multi-family homes. I'm currently financing everything under my own credit and then vesting it to my LLC (with my lenders knowledge and approval). It's a hassle and I'm not effective...
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Hey there. New to this so please forgive any ignorance. Some investor friends and I want to pool our resources together to purchase a smaller unfinished residential development (7 Parcels), build the homes, and sell t...
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If I were to form a multi-member LLC as a partnership, with a 50/50 stake in the LLC, it should be regarded as a pass through entity. Does this mean that buying House A in this LLC is equivalent to buying House B on m...
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My father-in-law and I own a duplex rental property that we have a commercial loan on with our LLC. We are pretty green with understanding all the in's and out's of rental properties, but we are educating ourselves. W...
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I live in California but am trying to do deals in Pennsylvania, Maryland, Florida and in Georgia.
Do I need to have an LLC in each state or can I create an LLC here in California and be good to do deals across the U...