I have 5 properties title to my personal name and 1 title to my real estate company which is an S corp. My CPA says to keep it as is, but didnt really give me a reason why. My goal is to push all the income to the cor...
Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity. If you are filing as an individual...
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
Hello, my name is Dexter. 29 years old currently working at a Fortune 500 company while doing my MBA program. Been listening to Bigger Pockets for awhile and looking to jump into real estate. Right now I have a 3-day ...
I have an opportunity to take a job at a residential property management company at a lower position but they told me after one year if I pass the test I can move up and become a property manager. I am curious what th...
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
So our 5 unit multi-family is ready to rent. I'm more than halfway through the managing rental properties book from bigger pockets and it is great and detailed. I love the forms they give as a bonus for buying the boo...
Hello i am new to this and just started getting into real estate investing. I am starting as an wholesaler and wanted to know from someone with experience here in the New York city who obtained an LLC. What exactly do...
Has anyone heard of an series LLC? If so can anyone briefly point out the advatages/disadvantages if any? Thanks!