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I'm looking to purchase 10 townhomes in Cincinnati. The current owner paid around 275K for the property and is paying 11K/year in taxes. The numbers on the property were looking good until I was told that if I purchas...
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Hey real estate pioneers,I'm just now starting out with investing and have tons of questions, but for now I'm going to start with one:My Dad and I are partnering together to start our real estate venture and want to k...
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Hi Everyone,I hope everyone is doing well. I have two questions that I am hoping someone could shine some light on. First, I want to start house flipping in CA full-time and I am interested in the best possible way to...
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Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
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LLC or S Corp?
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I have a Texas disregarded LLC, Oklahoma disregarded LLC, and Wyoming partnership LLC.
My question is from tax standpoint (not legal standpoint).
I recently learned that disregarded entities are required to file so...
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What business Entity is most popular for fixing and flipping?
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I am sure this question has been asked numerous times on here, and I have read many forum posts. However, it seems like many of the answers come down to "what are you personally trying to do / what are your goals?" So...
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Hello , I own 4 single family rentals in Phoenix AZ and live in California.2 homes are held in an LLC , the other 2 in my name. I want to have a balance of legal protection, tax savings, and minimize the costs of s...
I'm about to start a business entity in California but I'm not sure which entity structure would work the best for my Note business. Currently my focus is on seller carry back notes, but I'd like entity to be flexible...