Matthew B.
Entity Structure for Flipping - Operating Company?
I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
Damir Kamber
Transferring current properties into an entity
Hello BP world,By continuing my education process, I will also continue with questions since everyone has been amazing and helpful so far. I currently have 2 rental properties and wanted to throw some legal questions ...
Lynn T.
Entity Set Up: TX or WY?
Hi BP,I am very new to entity world here. However, I have recently been looking into asset protection for our rental properties. Two companies came up 1) Andreson Advisors 2) Royal Legal Solutions. Anderson set up a h...
Alex Freelove
Tax/Entity question with W2 job
Scenario: A W2 employee (family business) makes bonuses upward of $50,000+. When that bonus comes through, it gets taxed heavily ($23,000+). Is there a way the employer and employee could form an LLC together and have...
Carlos Silva
Puerto Rico investment and Business Entity
Just want to some help please about Puerto Rico, I what to buy a condo in PR and put it in a company not sure in LLC or S Corp. The over all goal is move my 3 rental properties from California into the company in PR....
Oscar Londono
Yellow Letters to Entities vs People
Just wondering what you guys have noticed when doing your mailers, how is your response rate when mailing to business entities compared to actual people? Deal rate?
I'm not sure if I should separate the group...
Paula Gayle
Decision Regarding Forming a Legal Business Entity
Hello, I'm Paula and I've been interested in real estate for quite some time now and I'm ready to make that next step.Throughout my research, I did not come across any information suggesting whether or not a real esta...
Hai Loc
1 Entity 2 properties 2 separate loans
I have 1 entity that owns 2 mobile home parks in Ohio. There is an existing loan for both parks. I am in the process of refinancing one of the parks which will pay off the debt of that one park and I will have access ...
Ashley A Merk
Best Business Entity for My Flipping Business?
Hello everyone! I am getting myself more and more confused with each thing I read regarding which business entity is best for me. So here’s my situation..I am about to graduate college and will be working in my field ...
Kevin Wattenbarger
Entity Structure- 2nd Real Estate Brokerage Company
What do you think is the best way to structure a second real estate brokerage company? Background: I have a Florida real estate brokerage company (an LLC that has elected to be taxed as an S-corp) that is 100% commer...