Stupid question? Maybe...I'm in the process of buying an investment property (single-family). I plan to open a business using this property. Can I create an LLC for the business and rent the property to my business? I...
Hello, hope everybody is well. Im living and working in So Cal as a consultant/ installer for a skylight company, and im looking to broaden my horizons everyday- as per a Panda Express fortune cookie. My goal is to be...
I talked to a CPA firm and they told me that if I have a S elected LLC to manage the Airbnb (even hiring another property manager through the LLC), the income of the rentals of Airbnb can be considered as income throu...
I'm going to preface this by saying I tend to think outside of the box unnecessarily. In this particular case, I have a property I'd like to get a HELOC on to then buy another property. I am wondering however if I sho...
Hi All!I have been on and off looking for properties to invest in in the Jersey City area but am having trouble finding anything. Realtor, Zillow and the like don't seem to have the greatest of deals and was wondering...
Hi all. My first BP post! I am just starting out as an investor. I live in Texas and I have 3 homes I'm buying and renting in Macon, GA. In the process of forming my LLC, I secured a registered agent in GA. I'm probab...
Hey BP,I am ready to accept my first tenants in my first SFR! I would like to remain the 'Property Manager' and not the 'Owner' in the eyes of my tenants. I have not yet set up an LLC and I would like them to put a de...
Is there any LLC tax requirements for Oklahoma. Is there any specials rules for Oklahoma that i must know that might hurt me in the end? Should i even bother in real estate LLC in Oklahoma/Thank you
My wife and I own several SFR rentals in California that are being managed by a third party property management company. In California, our tenants pay all of their own utilities that are placed in their own names at ...
Hey all! I'm wanting to get into multi families but I need some capital to do that. My thought is to do flips to fund multi families in the future.Do you guys suggest an LLC or a S Corp for house flipping? Should I se...