Alex Zientara
Tax - Holdings company taxed as S-Corp or Partnership
Good Morning, I am beginning to file for my Holdings company and I am unsure which is the better selection for taxes. S-corp or Partnership? Also once I get the LLC for the holdings company I will also be getting a su...
Account Closed
Licence For Promissory Notes?
I've been loaning businesses rehab funds for their projects and was wondering if my business activity requires a licence in Oregon state. I'm in Washington and so is the business I loan to however the projects are in...
Mike C.
File As "Real Estate Professional"? 1099?
Trying to decide how to file our 2018 taxes. Wife and I retired a couple years, except for the part about working all day, most days. We have a house that is and has been our residence for many years. We also have oth...
Scot Levonaitis
Refinancing Help for Begginger
Hello All,
I have been analyzing properties in local markets. I have narrowed it down to a few towns. This is going to be my first home purchase so I want to ensure I have everything correct before making my first ...
Nick Alexander
Ownership setup when investing in multifamily buildings?
I would like to know the best way to set up LLC's for the purchases. Does it make sense to open a Nevada or Delaware corporation? What are the best steps when one is ready to buy a property to preserve anonymity, keep...
Audrey C.
Warranty deeds changeover from one LLC to another
Hello my real estate colleagues, please help me with this question. A few of us have invested with this particular owner/developer with e.g. "AAA LLC" using a promissory note. Recently, I found out with a property s...
Dan Knight
When does your salary stop becoming the only reason you get loans
Hi all,I am one of those people who is trying to break into real estate investing as a way to leave a day job that I very much dislike. However, I am finding through my talks with some lenders that, since I am still ...
Kayla Elliott
Newby
Hi yall! I'm from Southern California looking to start investing at the crazy-experienced age of 22. [insert sarcastic response]. My biggest obstacle at the moment is where exactly do I start so if anyone has any idea...
Jennifer Ross
Pull your own permits in Raleigh NC or Greenville SC areas?
My husband is a contractor where we live here in Missouri. We can work on our investments without many restrictions. We are planning a move and have Pensacola FL first on our list, but the restrictions there make it...
Ritch Shepherd
Transfer to LLC
Ok, so I transfer my houses to my LLC with the hope they don't call the note due. If that occurs then I can transfer them back to my name? Correct. When the houses are in the LLC do I need to change my insurance inf...