Caleb Mclamb
What business structure do YOU use and why?
Hello BP, I am currently building a business model and researching types of organizational structures and their implications to real estate, the question is what business structure do you use and why? LLC, C-Corp, S-C...
Ann B.
LLC - in Nevada or Missouri
Hi there. I haven’t bought anything yet but I’m getting ready for that moment. I live in Nevada but I will probably begin my investment purchases in Missouri (born and raised so I know the area & my family there i...
Peter Famiano
HELP!!! Entity structuring (SeriesLLC)
Anyone out there have a good referral on someone who specializes in entity formation and management. I am looking to do a series LLC out of Wyoming. I have seen a lot of those online businesses talking about their ser...
Keri Middaugh
LLC structure in Michigan, juggling the bank accounts
Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
Tyler Williams
Partnership in LLC
I have 2 properties in a series LLC (both in different child LLCs, none in the parent LLC), I'm looking to add a 3rd property in its own series LLC, but I will be partnering with my brother on this property only as a ...
Jake S.
LLC -> Parent LLC -> Trust
Is it worth it to have each business/rental LLC be owned by a parent LLC and then a Trust?Just trying to determine the pros/cons and the necessity of it all? Im assuming an Attorney could easily transfer my LLCs owner...
Pat Jackson
Separate EIN/Checking Account Per Property?
I live in Nevada, and am investing in properties in Missouri. I'm considering (really planning) on setting up a series LLC. In my research, I had someone recommend having a separate EIN and checking account per prop...
Bab Adetiba
Partnership agreements and financing
I am forming a partnership with a group of 10 friends and would like advice as how to go about creating a bank account for the money pooling. Is it wise to create a business account to hold the money then eventually a...
Richard Murray
With a Series LLC, rehabs costs are taken out of where?
Hello BP and CPA’s! Newbie question here: I’m buying a house with a “sub-series” (Series LLC in Texas). My question is should rehab money come from the same sub-series, or can/does home improvement costs come from the...
Steve G.
Collect rent under an LLC if I own the property personally?
Hey All,I am in the process of aquiring my next rental property and decided to finally put this one under an LLC. We have a dedicated bank account, insurance policy and the property will be held by the company.Now my ...