Account Closed
Need lawyer referral to establish business entity
Hopefully I can get some responses for recommendations on a lawyer to work with in establishing my business entity. I am located in Maryland. Appreciate any and all advice.
Dave Blackman
Foreign Entity Required in IN if flipping?
Anyone with experience flipping in the state of Indiana know whether it is required to file your LLC as a foreign entity there in order to purchase property, rehab, then sell it? I spell it out since flip can mean ma...
Brianna Bolden
Entity Formation - Now or Later? (Marketing deals)
I'm wondering can I begin any marketing campaigns before my business entity is set up? I want to focus only on wholesale deals in the beginning, but I am definitely short on the cash needed for an LLC right now. I've...
MarieChele Porter
Sole LLC formation disregard entity or not?
Hello all,Upon research I have stumbled across a thing called a disregarded entity. Let me give a little background. I plan to become a buy and hold investor starting out in Ohio state living in California. I am going...
Doug Spence
Entity Creation to LP in Syndication Deals
BP Fam, my business partner and I want to start investing in syndications with operators we want to potentially work with in the future. We want to create a 50/50 entity and invest in syndications using that entity as...
Adam Fisher
What kind of entity do I need?
Need some advice here. 2 of my brothers and I are going to purchase a house for $715k and turn it into a large AirBnb in Memphis TN. What entity (if any) should we buy the house in? LLC? Family Trust? Something else? ...
Ryan Ricciardelli
Legal Entity Structure Advice for New Investors
Hello All, I currently own two doors in my home state of Massachusetts but am under contract for 2 more doors (single family houses) out of state (Oklahoma). I am seeking feedback on what legal structures I should h...
Brendan M.
VA Eligibility Restoration - Deed Property to Entity?
The VA guarantee has been an amazing resource to me so far, mostly due to being able to enter small multifamily deals with low and no money down. However, I'm at the point where I've exhausted my VA eligibility and I'...
Paris Ambush
Entity setup before first deal for flips
So I've been doing research on asset protection for the fix and flip strategy and ended up talking with the folks at Anderson Advisors. The advisor drafted up a plan suitable to my strategy and advised me on how it wo...
Sean Sweeney
Depreciation to shelter income over multiple entities
Hello,So currently I own 3 separate multifamily properties. Each is in a separate LLC. For simplicity sake, Lets use the following numbers.LLC 1: Net income $20,000. Depreciation 30,000 a year. Paper loss of $10,000LL...