Jalen De Leon
LLC and how to use it in real estate
I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
Matthew Stewart
Commercial real estate for business owner
I am planning to purchase a small business in Texas. The current owner holds the real estate in an LLC, separate from the operating company.
I would like to make parallel calculations regarding P&L and cash flow ...
Robert Sutherland
Setting up an IRA/LLC in Henderson, Nv
I live in Henderson Nv and I want to form a self directed IRA/LLC for the purposes of purchasing a business, and possibly real estate. Does anyone know how long this process takes? Should I form the IRA/LLC first befo...
Wesley Sherow
Need Feedback: Short Term Rental Underwriting Tool
Bigger Pockets Community,I've been working on an underwriting tool to pick and choose Short Term Rental investments that are most likely to cash flow highly, and generate returns. Also, to verify that an investment is...
Ryan Thomas
Redevelopment of the Historic Dew Drop Inn
Investment Info:
Other commercial investment investment in New Orleans.
Purchase price: $522,250
Cash invested: $233,200
14 boutique style hotel rooms, bar and restaurant, Live Performance Venue, Poo...
Karac Davis
Llc structure and taxes
If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
Elizabeth Zelaya
LLC? Please help!
Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
Richard Mollel
Xome.com auction site a scam?
I recently was aiding my client in bidding for a property on xome.com auction site. The bidding was set at $5K increments. Our maximum offer was $194K, and "another bidder" took it to $199K (5K increments) and "yet an...
Michael C.
Combine two LLCs without a sale of property?
Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
Nelson Leal
Need Cleveland, OH Real Estate Attorney
Hello BP,I just signed a contract for a property in Cleveland, OH and require a real estate attorney to advise LLC creation for the purchase. Anyone vouch for a good attorney in that area? Thank you.