Price Kenney
C-Corp for every deal?
I’m an investor from Canada researching options for flips. My understanding so far is that a C-Corp is preferable to an LLC for a Canadian as the CRA doesn’t recognize LLCs the same as the IRS and you’ll end up being ...
John Carlin
Calling all corporate/wealth strategist lawyers!
Hey BP. Im an investor based in Tampa looking for a corporate lawyer to help set up the correct entity structures for me. Seeking the anonymity, tax benefits, and asset protection that entities can provide. Open to an...
Laurence K.
Grantor Trust (Australian)
I have an Ohio LLC (single member-disregarded entity) that is 100% owned by a Wyoming LLC (single member - disregarded entity) that is 100% owned by an Australian Discretionary Trust.I am of the understanding that the...
Jon Deavers
Advantages of a NNN lease?
I've been studying some REIT's business models lately and noticed the term triple net lease. I understand the definition of a NNN but I don't see the advantage to the lessee? It seems that they take on all the expe...
Valentine O.
LA county condo Airbnb STR or corporate housing
I am a new to real estate investing and would like to purchase a 1 bedroom 1 bath condo in LA county. Currently looking at Culver city, El Segundo, Santa Monica, Manhattan beach, Hermosa beach, Torrance and Sherman oa...
Andrew Erickson
Is S-Corp the best structure?
I am setting up a legal entity for my real estate project, and I would appreciate your advice on which type of legal structure would best suit my situation.
Important details
The property and I are located in San Di...
Robert Glatz
Reverse Mortgaged Neighbor Died
So, an elderly neighbor died in February. I want to buy the property. She was on a reverse mortgage that has switched hands several times. I tried calling the county to see who holds the loan with no luck. I talked to...
Coreen Foote
Florida- What type of an attorney do I need for partnership structure?
Hello, everyone, I would like to speak with an attorney about my options to set up a partnership but I’m unsure about what type of attorney I will need for each potential situation. Many attorneys charge a consultatio...
Bill Gulley
LLC Minutes & Maintenance Issues
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
William Strickland
Finally in it!
Hi BP community,Long story short, I have had the vision in my mind for a long time that I would get into real estate and that has grown to be a fairly lofty goal with how big it has gotten. It took getting laid off fr...