Joel Cannonball
S-Corp Election Form 2553 for new LLC
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions. I read around online that stated I should go ahead and file form 2553 to be taxed as an S-Corp. I called a CPA for advice on it...
Michael Mcguniess
Filling out a k-1 on 1065
I know there is most likely a long answer to this but I have made it to the point of filling out my k-1 forms and am stuck.
I created an LLC (partnership) last year with 2 members - myself and my wife.
Section K of...
Bill Johnson
Revocable Trust for LLC
Hello,I am in the process of setting up a real estate holding LLC and I wanted to place the holding company (and obviously all of the subsidiary LLCs) into a Revocable Trust to avoid Probate Court in case my untimely...
Liz C.
Anyone set up Wyoming LLC themself
Hi all,
I have a Wyoming company that a company set up for me.
I decide not to use their service , but they told me I have to find someone ASAP to be my representative in order to keep the anonymity going.
I wander...
Account Closed
NNN - Commercial Real Estate Investing
Hello,I am a huge fan of these BP forums and have learned so much! I feel like I am in the "analysis paralysis" stage though as I have been studying real estate investing for over 5 years now.I first was interested in...
Account Closed
How do I find renters for an MTR? (Travel nurses, corporate housing, etc)
Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).
I've decided I'd like to rent the condo as a medium term rental (MTR) to travel nurses, corporate housing, et...
Lisa Caro
LLC for purchasing bank notes - what state?
Hi everyone! I am currently forming a NM LLC, but live in NY. Let's say I purchase (performing or non performing) bank notes from a lender in Illinois. Do I then register my LLC in Illinois? I've looked for this i...
Christa S Rickard
using solo 401k to invest in real estate business
I currently have a self-directed IRA through Etrade. However, I want to use some of that to start investing in real estate. I know I can't do that directly with Etrade, but will need some special documents to set it u...
Joyce Williams
Remove property from LLC then put back in
Has anyone every removed a property from an LLC to get a conventional loan against the property and then put it back in the LLC after the closing?
Kranti K.
Defend subpoena to trust.
Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...