Todd Krzeminski
Wyoming Bank Required for LLC?
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
AJ Wong
How the acceleration of inflation will super charge the PRIME Real Estate
Dollars are doomed. Well maybe the fears of de-dollarization are a bit inflated (like everything else!) but more out of a lack of options than the strength of the currency. The harsh reality is that the United States ...
Erik Adams
should I start a parent/holding company or keep them separate LLC
I have spoken to an attorney and I just want some clarification on business operations. I am starting a repair business and will also be starting an real estate rental business/ Airbnb. I will be forming an LLC for th...
Jean-Thierry Aleman
Mortgage interest deduction when paying cash for initial purchase
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
Michael Wnek
Best time to Start an LLC
My Wife and I are looking to move into our first House Hack soon. I have a general question as when is the best time to start an LLC. We will also be managing a family property and looking to grow our portoflio over t...
Andrew Pappas
LLCs, asset protection, and taxes for rental properties
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Austin H.
Holding properties in a LLC and managing in a separate LLC
Is anyone purchasing/holding/owning rental properties in one LLC and using another LLC to manage the properties? Any advice on max dollar amount to keep in one LLC? The reason i ask is we currently own our properties ...
Andrew Jordan
Business Entity or not?
I recently received some advice from my tax professional that I don't need to form a LLC or any other business entity right away. Should I be worried about purchasing property in my name and should I form a business b...
Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...
Account Closed
property Management Business
I am in the beginning phase of purchasing an existing property management company. Would appreciate anyones input or experience as to the pros and cons. Also, how to put a value on the business.ThanksMarc