Chris Adams
LLC that holds rentals and flips
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...
John M.
Lending Advice, 2 years of tax returns
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....
Dennis Hertzler
Self-Directed IRA question
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...
John Kim
How to buy real estate as a group
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...
Nicole Brodie
Looking For Help on Establishing a Business Type - LLC or Corp?
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...
Stacy Spencer
Establishing Commercial Credit & a Co called American Wealth Fncl
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...
Nick DAgostini
???'s Forming an Investment Group
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...
Tony Otis
Partnership LLC Taxes
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...
John Paul Schreiner
Conventional vs. Commercial Loan
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...
Paul Fagot
LLC Questions HELP ME!!!
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...