Michael LeBlanc
When should I establish a Legal Entity?
I’m about to house hack my first duplex and I was wondering when is the best time to get an LLC and why?
Daniel L.
Wholesaling Entity P&L, COGS vs Operating Expenses?
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
Francis D'Aurora
Vehicle Registered to an Entity & Expenses
Asking for a friend? 🤫 Since he doesn’t have a CPA yet, he asked me to post here.
Where are my RE CPAs at?
How crazy is this idea? Could this work?
My friend works for a company that pays him an allowance for the u...
Philippe Benhamou
Is an Entity the way to go?
What's up guys!As a new investor I was wondering if forming an entity is the way to go? I am just starting this business as a Buy & Hold Investor, and I have always belived that business and personal financials sh...
Allen L.
DIY deed transfer with self different entities?
I am preparing deed transfer for a few houses held in my own name to my revocable trust’s name. The estate lawyer wants to use title companies for the deed transfer, but that’s ridiculously expensive, I am wondering i...
Rich Perrin
Which way to set up an entity?
Looking to set up an LLC, Land trust, etc. Saw a commercial last night for one of these websites which promises to set up an entity for a fraction of the cost of a lawyer. Has anyone used any of these online servic...
Andrew K.
Building a credit profile for an entity
I'm working on getting a loan for a larger MF deal. I'm creating a a single purpose entity (LLC) that will own the real estate. Seeing as the entity has no history or credit and the loan is less than a $1MM. I'm p...
Jay Y.
Create a new entity for apartment building?
Hi all,
I'm looking to purchase a small apartment building and was wonder if I should create a new entity to deed it into or should I simply use an existing one? I currently own a couple single family homes ...
Ian MacLean
ITIN and personal capacity vs corporate entity
Hi all,I wanted to ask whether anyone had opinions / advice on the following:1. As a foreigner, am I able to obtain an ITIN without an LLC? I would like to purchase in my own name (without an LLC), but do not want to ...
Brian Stutzman
Entity Sturcture for Long Term Hold Situation
Hello (I posted this in a subforum but it seems to better fit here). My wife and I are nearing retirement and own a couple rental homes that are finally paid off. So this is simple. No partners, no mortgages, nothi...