Matt Castle
Agent as LLC vs Sole Proprietor
Can a Tennessee real estate agent, working under a broker, use a LLC or S-Corp for tax & liability purposes instead of doing business as a sole proprietor? I've seen conflicting information and wanted to get some ...
Matt Morin
Wholesalers liability (LLC vs. sole proprietor)
Quick question about business structure. I was recently talking to my accountant about my planned start in the wholesaling business . We talked a little about tax implications and then she brought up a good question...
Ben Gammon
Sole Proprietor owner occupied multifamily TAXES
Hey There! First year as a real estate investor. How do I file my taxes? What forms do I fill out? What can I claim? I bought a vacant, uninhabitable fourplex foreclosure from HUD in Cincinnati, OH in December 2016 a...
Brian Kennedy
LLC or Sole Proprietor for Rookie
I have a chance to purchase a 12 unit apartment building in another state. It would be my first investment in real estate outside of a residence and I do not have an LLC set up.Should I set up an LLC or would a sole p...
Laureen Mane
Liability Insurance For A Sole Proprietor
I am looking to wholesaling real estate and setting up a sole proprietorship. What is the best type of liability insurance for that? Who offers that type of insurance?
Carla Marchionda
Sole proprietor changing to a partnership
HI. I'm trying to decide on how the cost & profits should be split between partners after I have already invested so much in the first year + I am the creater & operator of my natural hair braiding and dreadl...
Alex Shaughnessy
My wife is opening home daycare
Good morning. Here is my situation.I am a w2 employee. All of our insurance/retirement is tied up w/in my job. My wife does not like her job and is making the leap to open an in home daycare as soon as our new house i...
Matthew Kirchmyer
From individual to 2-person ownership with DSCR loan
I'm selling a house in North Carolina and buying one with my friend in California. Both are SFR rentals so I want to do a 1031 exchange.
We are doing a "Dscr" loan and the banker said it needs to be bought in an LLC....
Gary Kane
SOLO 401K Users in Jax...
Looking to make connections here in Jacksonville with experienced investors using SOLO 401K's. Possible partnership in deals, also discuss different strategies as they relate to the benefits of using the SOLO-K. Than...
George Melillo
Using sole-proprietor EIN for rental property
Hello,I run two businesses as a sole proprietor and have an EIN. My wife and I own a rental property, and this year we are required to file a 1099 for contractor work. I do not want to give out my SSN, and would lik...