My wife and I have decided to create an LLC for our rental business. while filing for the EIN, I'm being asked if I prefer it be a single or multi member LLC. I live in TX-community state.

does one have a bi...

I am trying to set up my investor company. My plan is to buy off market deals, either rehab and rent, or flip. I was set on an LLC. But after more reading, some have suggested an S-Corp for flipping and then individua...

My husband and I have formed an LLC for our buy and hold real estate business. We currently have 3 rental properties and hope to grow. Which tax structure would be better for us, a partnership or an S-corp? Thanks!

Hey, everyoneWould like to start flipping this year, since this is my first year flipping, I do not expect to do a lot, might be only 1~3 flips.In that case, I think tax plan for flip should be different as the busine...

I am a member-manager of an LLC which owns a property that I would like to 1031 exchange into another property and then move into.  Can I do that?  And, what is the best way to make that happen?  Could I rent from the...

Hi All,I am soon to invest in my first syndication deal, and they are under LLC. Does having my own LLC provide any benefits as an LP investor? Or just I just go in as an individual?

If a partner in a partnership wanted out, would the partnership file a final year return and then convert the LLC to an S-corp or would filing a final year return cause the ein to terminate and the partnership would n...

I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...

I entered a fix and flip deal with a partner 50/50. I have a LLC and he has a LLC, for this property we did not form another llc, just drew up a joint venture contract. My LLC bought the house 20k on 5/15/2017, we spl...

We've been managing our properties for 2 years now and been doing a lot of the work ourselves to save money, such as yard maintenance, cleaning, unit flips, etc. How do you pay yourself? Is this easily possible withou...