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So I'm searching through my county tax records for people who way be motivated, and most of the homes I see are owned by trustees. I was hoping someone could help me understand it a little more.What I know so far is t...
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We just created a C corp for the purpose of wholesaling, and I'm a bit confused about the issuance of shares. Upon creation we authorized 100 shares at no par value. We figured (soon) we would determine a value and ma...
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Hello All,My name is Donna and I'm a newbie from Chicago, IL new to RE investing. I have a background as a mortgage L.O. and was greatly affected by the housing crisis. I'm currently preparing to sit for the Illinois ...
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Hello,
I purchased my first buy and hold property late last year under my personal name. I'm looking to start adding more properties later this year and decided I better get a business entity established sooner than ...
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Do any Canadians viewing this have any experience creating an LLC in the US and operating it from Canada. I’ve been seeing quite a bit in my research about “double taxation” and trying to see if that is accurate or no...
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I am an investment newbie and I partnered with a relative (LLC) on Rental Properties who only pays the interest of the loan then use the BRRRR method. We purchase properties where I give 30% - 50% of the purchase pri...
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Hey BiggerPockets Community,
I'm a beginner in real estate investing and looking for some guidance on the most effective way to invest and generate cash flow, particularly in the New Jersey area where I reside. I hav...
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Hi,
Should I create my own business entity when I' trying to partner with another wholesaling? Where should I find the information on legal subject on this forum.
Thanks,
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As a newbie to the world of real estate investment, I am looking for some guidance on how to effectively generate sustainable cash flow through rental properties, with the ultimate goal of building long-term wealth. W...
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I need a business structure to reduce the SE tax and S-Corp income tax.
Can I invest capital in a development LLC as PASSIVE partner together with all other passive partners, then have my LLC S-corp as manager - I'm ...