Shahad Choudhury
Deduct partnership expenses without property in an LLC
Hello!I started a business in late 2018 with a partner with the plan to do rental real estate. We didn't have the LLC formed quick enough, so bought a Single family home in our own names and started rehabbing it. Thr...
Josh C.
When to form your entitiy?
I am just curious to see what experienced real estate investors do in terms of the timing to form their entity? For example, do most people form their entity prior to their first deal and pay the fees associated with...
Erik K.
Multifamily Investing Comparison
I am and always will be a multifamily investor. As a syndicator finding accredited investors has been relatively easy compared to finding deals in my target markets. Recently I've seen others in this space sitting o...
Lewis C.
LLC Formed, what next?
Hello all, Looking for some help for the BP folks....My business partner and I currently own 4 rental properties, which we plan to put into an LLC. The LLC has been filed with the State of TN, and once it has been rec...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Irwin Dominguez
Setting up California LLC for RE Investing - Anything special?
Hello everyone,I am finally ready to invest in a rental property and my goal is to get one property by the end of the year.
Anyways, I need to setup a California LLC (I have a business and assets I want to protect) a...
Davis H Son
Is a Wyoming parent LLC enough protection?
I need to structure my business for asset protection and anonymity. I operate in Virginia and have several properties there, which are owned by Virginia LLCs. I also plan on forming 2 new LLCs, 1 for new acquisitions ...
Greg Westenhoefer
What is the best way(s) to set up banking to manage properties?
I'm inquiring about the best ways to set up my banking in order to best manage investment properties. I would greatly appreciate any recommendations to assist in managing property finances as effectively and efficient...
Jeff S.
Budgets in LLC
Do any of you do budgets and financial statements annualy with an annual meeting for your LLC's?
Am setting up an area specific LLC and will transfer a property into it. Looking for feedback on how far you go with sm...
Gregg Truex
Trying to better understand the cost on UBIT (Unrelated Business Income Tax)
I am purchasing a Short term rental and would like to better understand the potential tax costs of having a self directed IRA vs a self directed 401K. I understand that the 401K is not subject to UBIT but I don't kno...