I was told I might have to have a Corporation. Why and how do I go about doing this without it costing me loads of money that I really dont want to spend. Can an individual be incorporated?
For those of you that have several 1-4 unit rentals, do you all have individual landlord policies? I have always done it this way, but have heard (and currently getting a quote) on commercial portfolio policies. Basic...
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it ...
Hey Everyone,Long time BP creeper, first time poster... I am a 28 yr old Landscape Designer and just recently bought my own investment home. I have always had a dream to build out a multi-disciplinary firm that operat...
Several weeks ago a friend of mine and I decided to begin our real estate journey.What are the pros and cons associated with the following paths towards securing financing? 1. Incorporating as an LLC and attempt to ge...
Hello all,I'm currently trying to find out if I need to register a sole proprietorship in MO and what kinds of costs that entails. I'm currently looking to purchase my first property. Everything is going under my name...
I want to make the name of my business official in my state of Colorado, and it looks like I might need to set up an LLC first so the business is actually a business. Does that sound right? Or could I be missing somet...
Hi team, question regarding how to incorporate Property Value Appreciation into Net Worth number and Performance Numbers..When I do my monthly/annual net worth spreadsheets and when I review individual property perfor...
I am just starting out and part oif my plan is to form a corporation. It will consist of me and my wife. What is the difference between a LLC, SCorp and CCorp? Is it just the taxes paid and structure of the corporatio...
I now own 3 multi family homes under my own name. I am looking at a commercial building also, all for buy and hold. I need to start a company because I don't want these in my name and need some protection. I need a...