Hi,I've set up an LLC in Wyoming and I'm wondering what needs to be done in order to have it taxed as a C Corp.Any help would be greatly appreciated.Thank you,Doug
Hi, I opened an LLC and bought 1 house under its name 3 years ago, the house came with the tenant included. I don't need the LLC any more and would like to close it and transfer the house title to my personal name (th...
Hi All,Section 8 (and other entities) understandably require a W9. I was wondering how you have filled your W9 if you have a single member LLC (which is considered a disregarded entity) and ensure payments go to your ...
Hi BP,
I've looked up a ton of stuff on 1031s, but haven't been able to find an answer to my specific situation.
I have a single family in Los Angeles that's worth around 400k, and I want to exchange for an apartmen...
Hi Folks,I am looking to purchase my first investment property (either a SF home or less than 5 MF units) and plan to hold it in an LLC, with myself the only member and the member-manager. A couple questions about th...
I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...
Just starting out in Illinois from what we have figured out so far I think setting up an LLC is best and pretty simple. Thoughts?
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...
Hello BP forums,I've been looking for some advice on the optimal legal entity structure for the real estate business I intend to build over the next 5 years, and I've come across a few firms that charge for a consulta...
I own investment properties in Ohio. Each property is under its own LLC and bank account.
My question is, does it make sense to setup another LLC as a holdings company (parent company) which will then own the othe...