I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...
Hello BP Community,I am trying to decide if I should start a corporation before buying my first investment property.I live in Toronto and am looking to invest in Alberta. I have decided to partner up with another inve...
Yes. I'm new. Please excuse my ignorance. Do you purchase properties under a business name or personal purchase? Wondering what the advantage and disadvantage os to both. 😄
Hi everyone, I live in Maryland, but want to set up my LLC in Delaware. Has anyone ever done this? If so, has it been worth it? For some perspective, I live about an hour from the border of Delaware.
Hello, we started an LLC got the EIN # and then the business bank account, had trouble getting institutional lending, the Important question is, what way would you recommend if you were starting out with limited capit...
Hi everyone, this is my first post here and I hope to become a long time member. I recently purchased my first home and I am renting out the basement to a friend. This has been ongoing for about 6 months. I do have ...
Hello!Anyone in CA? I am a tax accountant looking to discuss some strategies I am planning to move to commercial. I am thinking of JV thru an LP, where a Corp is a liable partner. I already have investment properties,...
Hello to all,I have been doing a fair share of researching and although I do understand why some people decide to corporate. I still can't find enough information allowing me to make a clear decision. I'm hoping anyon...
Hi all, my partner and I currently own 3 properties, and are about to close on our 4th in a few months. We want to keep purchasing more properties, but have run out of the capital we need for down payments. Luckily we...
Hey guys and gals,Any tips on creating an LLC? Is it worth going through a service like LegalZoom, or should you just handle all the paperwork yourself? Thoughts on creating it in state vs out of state (i.e Delaware, ...