Taylor Smith
Washington State LLC or Wyoming LLC
So I’m looking start my business entity but I’m unsure exactly how I should do. I’m writing to find out from seasoned investors about there opinion. I’m hearing a lot of things about Wyoming LLC or S Corp or C Corp. I...
Scott Meredith
Keep my LLC?
I am moving out of my primary residence (mortgage and title in my name) to make it my first rental. I set up my LLC (two member my wife and I) a year and a half ago with the ideas of creating a great vast portfolio o...
Claus Goritschnig
HELP! How to set up a real estate acquisitions company correctly"
I thought making my first post on BiggerPockets, about the struggle and understanding how to correctly set up, structure and arrange the proper business entity necessary to undertake real estate wholesaling transactio...
Adam Kuszczak
California franchise tax - obliged to disclose or not?
(asking for a friend)Without saying by whom, but I was told that I am not legally obliged to disclose my out of state LLCs if I am resident of CA. This is part of reason for WY LLC that gives you anonymity so no one w...
Tom Beck
Transferring Ownership of New York LLC's to Wyoming LLC's
I own New York LLC's which hold property in New York. I recently opened a Wyoming LLC to function as a holding LLC which will own the New York LLC's. Do I need to file any ownership transfer forms with either New York...
Laurinda Reynolds
Duplex purchase honoring tenant lease
Good evening,We purchased a duplex in GA with tenants (2).We mailed a letter CRRR advising of new management. I called after not receiving a follow up, the tenant hung up and will not answer the phone. Thinking of k...
Austin Eilers
Wholesaling Commercial office space
The company I work for is looking for a new office space to buy, and is open to suggestions. They have over a 1.5 million dollar budget for a different building I have recently came across an off market deal that woul...
Yongming Huang
Using property in land trust as collateral
I have a property in a land trust, and I'm trying to use this property as collateral toward the down payment of other properties. The bank is ok with that. But the title company requires docs like recordable certifica...
Jordan Alexander
Seller Financing & Land Trusts
Happy New Year Everyone!In 2023, the strategy I would like to execute the most is seller/owner financing. I would also like to transfer future properties into land trusts for anonymity purposes. That being said, shoul...
Donald M.
Setting Up LLC.
Need to set up an LLC for Buying and Selling Activity. What are the best states to set up this entity with regards to taxes and anonymity? Thank you.