When starting to invest in several real estate properties, which are best to start corporation using corporate credit, and llc or my personal credit
Howdy,
I've got kind of a unique situation and really don't know how to go about it. I currently reside in Florida and plan to start my wholesaling business here, but in 6 months I will be moving to Texas. ...
Hey everyone,I'm a Canadian investor that is looking to start a 3-tiered corporate structure to enable greater tax savings. The issue I've had is in entity creation and legal rights for funds.My aim is to create a RE ...
Hey folks,Soon we will be taking in some money to purchase properties that will be owned jointly with the investors. If the house is owned by the LLC and the LLC has say 4 members... How does the tax benefit get app...
I’m looking to get into real estate whole selling and rental properties. What is the best way to set this up?
Here are a couple of my ideas
A holding company with a management company
Separate llcs for wholesale an...
I would like to hear feedback from anyone who has successfully used a Rollover as Business Startup (ROBS) or a Business Owners Retirement Savings Account (BORSA) to use assets in a 401k to fund investment real estate ...
Hello Everyone,First time poster but long time reader of all the good information and advice on BP.Let me pre-face this by saying that I have reached out to some cross border tax specialists, and some I am still await...
Hi Friends! (I realize this is in the new member section, not sure how to edit, whoops!)Long story short: I'll be in Buffalo this Saturday & Sunday looking at multi's to house-hack. Unfortunately, at this 11th h...
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Banks manage cash: inbound and outbound and "play" with that cash while they have it. Right?What is happening now and is going to accelerate is that the inbound cash is drying. Cash out by traders is not in anymore. S...