Andrea Hauserman
Selling the LLC vs individual properties
On behalf of myself, not my work as an agent (thank you moderators), I'm looking for information about any consequences or considerations when selling an Ohio single man LLC with it's own tax ID that holds multiple re...
Saran Mandhadapu
How to setup Holding and Subsidiary LLC bank accounts
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
James Cornman
Property Management Legalities in NJ (probably other states?)
Hello,First post here. Take it easy on me :) I'm going to explain a situation with the goal to get the communities take on it. From there, I will consult a tax and legal professional if warranted to confirm. So obvio...
Bill Johnson
Revocable Trust for LLC
Hello,I am in the process of setting up a real estate holding LLC and I wanted to place the holding company (and obviously all of the subsidiary LLCs) into a Revocable Trust to avoid Probate Court in case my untimely...
Carlos Garcia
Hard Money lender INFLATED APPRAISAL
I worked with a wholesaler that has a subsidiary lending company. I used them and I paid for a ARV appraisal to determine the amount borrowed. It looks like the appraisal was inflated for more than $40k on 2 propert...
Account Closed
Structure for new investment properties
Hi All, I'm new here but have been doing a lot of research and reading on this forum. I'm hoping to setup an investment structure soon and am looking for some guidance. I'm a CA resident with a vacation property in AZ...
Giovanni Luna
Non profit 501c3 parenting a subsidiary LLC
A friend of mine has a church legally established as a 501c3 and I have been thinking about forming an LLC. I then had a thought while talking to him, what if we used my LLC to hold assists for him, then there could b...
Paola P.
LLC subsidiaries and Holding in Florida - Recommendations
Hello,I would like to create two LLCs for two different properties and put them under a Holding company, the two properties are located in Florida. I would prefer to work with a professional since we are a 4 investor...
Blaine Chapman
Transferring Property from and S-Corp
Hello all,This is my first post here on BP. I've been perusing for a bit and haven't found the exact answer I am looking for. Here is my situation:I have a business in Georgia, registered as an S-Corp, and that S-Corp...
Christian Becker
Structuring partnership deals
I have a couple money partners and I have set up the following structure. Hoping for some feedback and suggestions on improving this or what other people have done for structuring the deals.(1) Set up a parent LLC whi...