Can the corporate veil be pierced for an LLC or LP involved in real estate investments in Texas?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
I was called over to a property today due to a report of low water pressure and a leaky pipe. I went over to check out the situation and the leak was a quick connect adapter on the water heater. I had it replaced two ...
Hi Everyone,So...my business partner and I are in a jam. I decided to partner with my buddy. He and I went to go check out properties yesterday. We found one that immediately caught our eyes. Here are the issues... 1)...
This is our company's first complete kitchen remodel. On the first few we just painted the cabinets, swapped out the hardware, new flooring etc. On this one we are going all out and doing a full remodel. I haven't fi...
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
I wrote this a couple years ago for another audience and from some of the recent posts I have seen, I dug it up and figured I would share it here. The information is just as valid today as it was 2 yrs ago.
I recent...
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...