Yong Park
Any advice on starting an LLC in Nevada?
Hello (again),I would like to purchase a commercial building in Las Vegas. The building has been identified. Now the next step is to create an business entity to purchase the building. It appears that Nevada has fa...
Nat Seangsumat
Point me in the right direction
Hi I'm ken , I created this account on bigger pockets to learn from veterans of the trade and to accumulate knowledge and the ins and outs of successfuly investing in real estate because they say the accumulation of k...
Leo Hurtado
Out of State tax for a new LLC
can some guide me in the right direction? I just started an llc in texas and im in california/ do any of you know if I need to file as out of state or as if I live in texas?
Courtney Duong
commercial lease - landlord prohibited uses
Hi all,So I manage a retail strip (9 units, 2 are vacant now) in Cypress, TX. In each of the lease that we are having with all of our current tenants we have a Landlord Prohibit Uses list below. Last week we had som...
Michelle Marshall
How to report profit from a "flip" that I never owned?
How do I characterize/report the proceeds from a "flip" in that I never actually owned?Last year I loaned my best friend money to get out from under her house. I loaned her money up front to move out and get settled ...
Mark Sproesser
ownership to transfer to brother upon death.
I am sole owner of a single-family property in Ca. IF I die before my 1 and only brother, I want him as 100% owner of the property. I also have 1 son . I am doing a refi and my brother is helping me to qualify as such...
Cliff T.
Better to start new LLC? Or use same one?
Hi all, looking to get some sage advice from the BP community...What is your strategy when it comes to starting new LLCs? My 2 investment partners and I started an LLC for our holdings in KCMO, but we're looking to ex...
Wesley Brown
Can I invest in my Cousin's 1031 exchange?
Hi - My cousin is closing on a family farm he inherited and is looking to do a 1031 with a multi-family. He'd like me to be involved to manage the finances of it for a bit of sweat equity and I'd also like to put in p...
Daniel Cannon
Material Participation hours with spouse and business partner
Our Situation:Two couples, new to real estate investing, each with one working spouse with a high income (W2 and 1099) and one non-working spouse plan to go 50/50 on a new construction STR which will not close until S...
Derrick Reyes
CA LLC With a MI Property
I own a CA LLC. If the CA LLC owns a rental property in MI, do I have to register the LLC as a foreign entity doing business in MI? Thanks in advance!