For flippers in here do you buy using an LLC or an S-Corp? Which is better for tax purposes? I’ve heard you should do flips under an S-Corp and buy and holds under an LLC. Just wanted to get some opinions and why you ...
Hello everyone on biggerpockets how are you? Well I hope this makes sense and hope its not a dumb question but I am just starting out as a real estate investor. If I get business cards and lets say for example I name ...
Hello, I have several out-of-state residential rental properties that are managed by local property management companies. The property mgt companies make decisions on minor maintenance and repairs, but I make decisio...
Hi everyone - this is my first post, but I've read a bunch on here already, and have gained a lot of valuable insight. Thank you!I'm a relative newbie - we own 5 rentals with traditional conventional financing, no LL...
Hello, Is a BIC (broker in charge) required to start a property management company in NC? Could a new broker do it on there own possibly as a sole proprietor?
Thanks
I'm buying three rentals in wetaskiwin, I just realized i should look into incorporating or LLP's. after this I will have a total of 4 properties and 5 doors. I was curious on what might be the best methold of structu...
This is more of a state specific question as I know many states have different laws. Does anyone in the state of Washington know if I can open a property management company in this state without a "managing brokers" l...
If someone has multiple businesses real estate and non-real estate, what would be the best way to structure if any? Specifically, farm income would be one source of income, outside of real estate.
I plan on purchasing a property to buy/hold. I'm still going back and forth on whether or not I should hold the property in my name or in an LLC, but that's not the question here.
But saying I choose to own t...
I keep hearing about having a LLC when talking to lenders I need to use hard money to get started what is a llc and how do I find out any help would be appreciated thanks