Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...

Hi Everyone,I'm looking to get started flipping houses out of state with partners. Before I talk to my CPA, I was wondering what was the most common method for asset protection for flips? I have seen many who use land...

Hello everyone,  I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...

Good morning everyone, I hope everyone is having a great day. I was wondering from an entity, tax and brand perspective. Is it best to be an LLC or S Corp when your wholesale flipping? I'm strictly  assigning the deal...

What is the main difference between having your LLC taxed as a Corporation or an S Corp ?

I've bought and flipped 2 houses over the past few years and now I'm moving into rentals. I'm operating primarily out of the Texas foothill region but will be expanding to Kansas City in the next year.  I know I need...

I'm just ending college in May, and my friend and I are looking to buy our first investment house in a partnership within the next year. Before we do that, I want to be protected from as much liability as possible and...

If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks

A little background.I am a W-2 earner. My employer also provides a high deductible (HSA) eligible health insurance plan for my wife and me. My wife had a side business and a W-2 job but this year she decided to go fu...

HOW TO TAKE MONEY OUT OF S CORPORATION AND INVEST IT IN THE REAL ESTATE BY OPENING A NEW LLC.