Alex Terraciano
Starting An LLC for a Property
Hey Everyone! I'm in the process of closing on my first investment property in California and I'm going to put it under an LLC. Does anyone recommend opening the LLC in another state with potential tax benefits, or do...
Mayer M.
LLC formation question flips/rentals
Hey,
For rental properties is it best to have a standard LLC? and for flips a separate LLC taxed as an S or C Corp?
I have a partner and we are equal owners.
Thanks!
Chase Olson
Property management liability insurance
"Owner agrees to add Manager as an additional insured on Owner's Public Liability Insurance Policy and shall provide proof thereof to Manager upon request."This is part of a contract agreement i found on Rocket Lawyer...
Danny Ondik
S Corp to manage many LLC's?
Hello,
I am planning on having an S Corp manage my 6 LLC's (and hopefully more in the future). Is this the best tax strategy moving forward? This is what I think after research but am nervous I am making the wrong mo...
Jason Foxx
Creative Multifamily Strategies for Other Income
What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
Account Closed
Seller Financing... are you for or against? Comment below
Hi All, I find the strategy of acquiring property with seller financing (or subject to), very attractive so that I can own property in my local market without a poor Debt to Income ratio. I would also like to utilize ...
Mike Han
Build addition to rent out or buy new (Ladue)
So my house is on the east side of Ladue (good schools, nice neighborhood, etc.) with a per sq ft value of $240. I have enough room in the back to build a three-story addition. The addition will be 1,700 sq ft with th...
Joshua Cuellar
Question on LLCs
At what point as a rental property investor do you consider becoming an LLC? When does it provide more benefit?
Ashish Wa
Help with Lease questions
Hello I have a question. So on the lease, is it good to have just me as the landlord if the property is jointly owned by my spouse and I ? Any pros and cons of just having me as the landlord ? Or it's better to have b...
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
Many real estate investors don’t realize how much they can benefit from separating personal and business credit. Business credit not only shields your personal credit score but also unlocks larger funding opportunitie...