Brian W.
Question about ability to pierce corporate veil with real estate held in LLC
If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
Jake Kucheck
Has Anyone Started a B-Corp?
Specifically for the purpose of acquiring, improving, and renting out property in what we would consider Class C/D areas?
If so... would love to brain pick...
Kairaba Burson
capital gains tax!!
im new and learning the ropes. i see a lot of people rehabbing and prefer it. are they getting hit with capital gains taxes or is there a way to lesson the impact of them? in a 15% bracket do you just get use to ex: 2...
Johnny Park
Is a LLC really worth the money?
Hi!Need some advice. I own several 2-4 unit multi-family buildings in the Chicago areas with loans, but the banks are starting to question why the title has changed from my personal name to a Series LLC. Not only is t...
Frank S.
LLC and Eviction in Chicago
Ignore the title of the post, please. I can't change it. Hi, As I research structuring, I have a few questions. Any help is greatly appreciated. Assume a sole prop Owner moving property management to member managed...
Tanya McIver
Newbie from Woodbridge, VA
Hello, my name is Tanya. I would like to build a foundation to start investing in Real Estate so I can quit my job and become a full time Real Estate Investor. I prefer to buy and hold but am not opposed to flipping...
Brian Hesler
New member from King George, Virginia
Hello everyone! My name is Brian and I am an aspiring RE investor in search of knowledge, advice, deals, and opportunities to succeed in this business by helping others. I am currently an Engineer working on contract ...
Brandon M.
Who do you issue 1099s to?
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
Mary Jay
Proper way to do distributions
Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...
Raymond Richey
HOA is amending bylaws to prohibit rentals, how do I fight it
I have a property in a small neighborhood with an HOA. They announced the annual meeting with banning rentals on the agenda. I have owned this home since 2008, and lived in it from then to 2010. This is an "amature...