What are the Tax advantages and disadvantages to owning Real Estate in an LLC ?  Are the Tax benefits the same as if you own it as an individual; especially if it's a single member LLC?

I am considering selling my duplex in SoCal and taking that money out of CA. I nearly break even on the rent/mortgage but if I am able to escape CA on a 1031, I could potentially be positive cash flowing in the $1500-...

Hi guys,So I hear often (Robert Kiyosaki, Trump, other rich etc) pay zero taxes legally.Lets say Kiyosaki's business "Rich Dad, poor dad, educational LLC" made 100K.The same LLC went and bought a rental house for 100K...

Hello everyone.  This is my first post here but have really enjoyed reading up these past few weeks.  Glad I found this site.  It's addictive.
I am getting ready to break ground on my first 2 rentals.  I am approved ...

Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...

I recently heard of an entity structure being used by another flipper that piqued my interest and I need some BP feedback! The way he put it is that his main company is an S Corp and he creates an LLC for each active ...

What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ? 

I currently own rental properties through a Chapter S corp.  To add a layer of liability protection, I'd like to transfer or deed my rental properties to separate LLC's and make my Chapter S a management company (for ...

Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...

I have one rental property and just bought another house (new construction) near me for my second Rental Property. I know I should have one LLC per rental and that is my plan (have one SMLLC now), but laws here in FL ...