Hello I live in CA, and if I am going to invest multi family property in FL or any other state. WHERE SHOULD I REGISTER THE COMPANY TO HOLD THE PROPERTY? In CA or the state where the property is? Thank you
Hello fellow BP readers,I'm currently looking to set up my first LLC's to begin commercial multifamily investing. I've been doing my homework and i've come to the conclusion that it's in my best interest to establish ...
Hello, I hope everyone is having a great Sunday. I have worked in Finance my entire professional career. Starting out as a credit analyst for BB&;T, I spent my younger years reading through 10Ks, 10Qs, financial s...
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...
I am getting a little frustrated when the trustee starts to randomly postpone the sale of properties without my knowledge (me meaning the beneficiary). I'm just going to start being my own trustee and posting and the ...
So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
Anyone just start out this year in wholesaling want to share any successful deals they did in their first year? Any tips, guidance, dos and don’ts? I’m new to this and want good information. Thanks for the feedback!
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?
From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
How can I help these sellers? The parents owned the home which have since passed away. The parents left no will but the mother wanted the son to live in the home since he is mentally handicapped. The rest of the famil...