Olga Zelenko
LLC California Franchise Tax
I just discovered that if I live in California and I have an LLC (in or out of state) I will be required to pay Franchise Tax in California (annually 800$) for each LLC.My first plan was to create for each property it...
Wendy Gu
ADA Compliance For Restaurants
Hello, I am new to this forum. I would like to know whether are all restaurants required to have ADA compliant restrooms? According to this site: site https://smallbiztrends.com/2016/05/small-business-... Small busine...
Account Closed
Insurance carrier that lets you select property value to insure?
I'm shopping around for property insurance on a 2600 sf commercial building. I have it under contract at $110k but every insurance provider I've called is making me insure the building to $400k+ (because that is their...
George Mathew
Creating LLC's to own LLC's
Does anyone have experience with creating LLC's in Nevada, Delaware or Wyoming to then own an LLC in another state?
Emeric Harney
To LLC or not LLC for multiple longterm rentals
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
Linh Khuc
Investing In Mobile Home Park In Illinois
Hi All,I'm from Illinois, have been focusing on commercial multifamily investing and I came across MHP in Illinois, I ran through the numbers and it looks pretty good, details is following:- 5 acre lot, 30 lots and c...
Kenneth Brown
Investing for Beginner
How would you get started in investing with only 20k? Do you buy cash and fund the rehab?Do you try to get hard money and use your cash as collateral?Do you find a knowledgeable partner?
Matthias Wilson
Changing Multifamily Property Managers
My company is currently transitioning property managers on our 17 unit complex, purchased in August of 2018. We initially elected to keep on the PM that had managed the property for almost a decade. The property was b...
Meghan Langbehn
Meghan, BSN, RN
Healthcare is tough! I am looking to get into rental properties. Eager. Determined. Not totally patient. What do I need to do!? What mistakes can I avoid? What should I absolutely know before I start. No distractions....
Tabitha Alvarado
Holdings LLC and Properties LLC - Philly Rental License
Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...