Allan Mugu
Tax deductible or not
Last year spent about $2000 trying to get real estate business started. Money was spent on what I consider start up costs: direct marketing, INC incorporation, etc. Did not end up doing any deals wholesaling or rental...
Michinori Kaneko
Switching Title of the property to an LLC
Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
Danny Cerecedes
LLC Advice
Hey BP if anyone would like to share how they have their LLC set up that would be greatly appreciated!!I've already received some info on how to set up a LLC from a different post which was fantastic.Here's my situati...
Lior Golan
Sending tax documents on an LLC incorporated 2 weeks before 2020
Hello Everyone,A few months ago I entered into the whole world of investing in Rentals and because I want to have more than just 2-3 properties in my portfolio in the next years, I decided to establish an LLC.I establ...
Greg K.
It is good to incorporate you properties when you have 3 ?
I have 3 properties and planning to buy another on or too soon. Is it good idea to register some company for that or do it under my name? All of those properties I put 20% downpayment. Looking for some advice please!!...
Spencer Bedard
Should I incorporate or just keep my rental in my name?
My wife and I recent built a new house and we are keeping our old one to use as a rental. Is there any benefit to creating a LLC or cooperation to sell the house too? Or is that just way too many hoops to jump with no...
Michael Robinson
To corporate or not corporate that is the question.
Hello to all,I have been doing a fair share of researching and although I do understand why some people decide to corporate. I still can't find enough information allowing me to make a clear decision. I'm hoping anyon...
Jason Kim
LLC or no LLC for partnership?
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...
Brechman Dieujuste
Quick question for the community
Hello Bigger pocket community,
I have one question
If I’m opening an LLC for my property, do I create the llc with property state or my residence state? For example, I’m investing out of state in Ohio Cleveland and ...
Brian Geiger
Getting Started in Investing in Rent to Owns
I'm starting out in Real Estate Investing and I decided that my niche will be Rent to Own for now and then move up to Apartment Syndications. I have some questions:What is the best way to evaluate a market for Rent t...