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What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
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We purchased a large multi-unit medical building in the heart of Parma, Ohio late last year. We are redeveloping it into a professional building and using one of the suites to house our Real Estate Sales office. If yo...
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Yesterday I received my first email from Host Compliance about paying Transient Taxes for one of my rental properties. A quick trip to their website explained how they've built a business around helping counties with ...
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I know that San Jose, CA allows nanny apartment. Will they allow me to build one in my duplex (2+1), legally, and rent it out? I have more than enough space to build a 800-1000 sq ft apartment. After space for thre...
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I'm getting a few different point of view on this from equally qualified and experienced house flippers. Here's the scenario: you purchase a house using 123 Main St, LLC. You fix up the house. You sell it to an owner-...
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I set up an LLC in the fall of 2021 but have not done anything with it to this point beside pay the necessary fees and taxes to keep it "alive." When I first opened the LLC, I was under the wrong impression that if I ...
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Hey All, New member here... Basically my question is what kind of cap rare the current investor out there are looking for? I own a vacant building in the process of rehabbing it. Currently it’s vacant but fair market ...
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My wife and I have now owned our current home for 15 months and I thought I'd do a deal recap.We purchased our current home (single family home with a mother-in-law suite in the basement) in March of 2020. This was a ...
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In a case where you hire a GC to do a fairly good sized rehab on a house, and something is purported to be wrong according to the end buyer (a construction defect lawsuit), do we as investors have any liability if ...
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HelloMy spouse and I are in the process of getting and EIN number for our LLC. Which is best the Single Member LLC or the Multi Member LLC to choose on the IRS website?We are getting a rental property and are in thi...