Jacob Trimble
First time rental (out of state
Hello, fist time using this forum so bear with me! I own a home in Summerville SC, and have orders to move to Hawaii (tough life). I plan on renting my current home out as an investment. I've had roommates in my home ...
Aaron Roggensack
Mom & Son buy rental properties, need business structure advice
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...
Quandra Adams
Seeking CPA & Attorney Referrals for Tax & Legal Entity Advice
Purchased my first investment in June and I am getting ready to rent out the upstairs unit. In the hustle and bustle of trying to get the place and move myself, I completely forgot to inquire about tax and legal entit...
Elizabeth Conklin
Guidance for tax mgmt for STR
I have rental income from my primary residence which I use as a STR, since we live overseas. In talking with my current accountant, I am concerned I am missing key items in my tax filing strategy including:1-Rental in...
Ronald Lee
Legal concerns with buying rentals using HELOC on primary res?
Newbie investor here. I was talking to my CPA on possibly taking a line of credit on my primary residence to fund my rental property purchases, which I’m planning to do through a LLC. She said with HELOC, technically ...
Jason Hsieh
Two Company LLC VS. WY + TX LLC
Background: I'm a CA resident who owns rentals in TX. I've been researching / talking to people about the best way to structure an entity for asset protection. I am seeing 2 structures that seem popular:1. Two company...
Ritch Shepherd
Should I put props in LLC
I'm a full time Investor and have an LLC. What are the pro's and con's of transfering my properties to the LLC? Thanks, Ritch
Jon Holdman
Tax benefit for sale of primary changes from 2 of 5 to 5 of 8
I found this when reviewing the new tax bill and posted about it in another post. Its not something I've seen mentioned in any of the news coverage. But very significant to folks here. This tax bill has a HUGE cha...
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
I am an investor starting my real estate journey. I am about to begin purchasing rental properties in Alabama (Birmingham) and rehabbing and renting them. Based on your experience or expertise, will an Alabama State L...
Meldeine Sipes
LLC filing... California or Nevada?
I plan on setting up an LLC for my real estate business. My initial priories will be in Las Vegas but I love in California.
For tax purposes I thinking I should register my LLC in Nevada.
Can anyone give me some ...