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I just purchased an LLC from Inc Authority. The guy is now trying to get me to pay for an operating agreement. I was planning on just finding some basic one online sine I don’t plan to have anyone else on this LLC eve...
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Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? I ...
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Thoughts I'd pass this interesting WSJ article on to readers. Overview: the how real estate market has neglected new entry level homes. There is very little supply which offers an opportunity for those with the skills...
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Hello All,I am going to be talking to a couple of the "Pros/Vendors" for are so sharing of their time and knowledge here this week about setting up our Solo401k accounts, but thought this might be a good question to a...
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For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
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I'm wondering how others with more than just a handful of properties stay organized. I have 25 properties, all professionally managed, so I'm largely keeping track of HOA, leases, property taxes, insurance, mortgage ...
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Tried searching the forums, but nothing quite fit my scenario...
I inherited a tenant when I bought an investment property in May of this year. He has paid rent almost always on time and without too much of ...
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Hello fellow investors, I am contemplating setting up my new rental property investment business via a Wyoming or Nevada S Corps holding company and one LLC per rental property I buy in multiple states. However, if I ...
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Hey guys, I have two duplexes as a new real estate investor of 3 years. My previous methods have been unorganized and I’m looking to improve my methods. Currently, I have tenants paying via Venmo/Zelle. I’m doing leas...
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I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are sa...