Anisha Spand
Just Starting out need HELP!!!!!
HI! So im just now starting out from scratch. I have questions as far as setting up your business. I know that i have to set file my business with my state (SC) as LLC because that's what I want but when it comes to g...
Devin Arrigo
Accountant / RE Agent recommendations in Los Angeles area?
I'm in the process of buying a second home in Big Bear, CA that I plan to use for personal use but primarily as a STR. I have a few questions about liability protection, insurance I should purchase, and the tax implic...
Ray G.
Operating Expense 1120s tax question
Quick question, if i have 10k of liabilities, how do i show that on my 1120s, specifically which line? It's an operating expense..
Jure Klepic
CORP or LLC
Hi, I am seeking advice on what kind of entity I should form for tax lien investing. My primary goal is not to own the properties but to simply reinvest the lien return into the lien. I understand that if I buy the p...
Hardy Brown
Getting set up right
I have a partner, and two deals pending but would really like to get a legal structure set up that is really done well. We will go LLC but would like some really top flight counsel. Anyone have an investor CPA or Lega...
Dennis Nikolaev
timing to form an LLC
I'm about to buy an STR (Airbnb) just outside San Diego. I believe it is a good idea to set up an LLC for that property (as there are many people going through, slip&falls may happen more often).If I plan to close...
Joseph Velez
What Are the Benefits of Creating an LLC for Your Rental Property
Since I was asked about LLC's this week I'll share this article I read today.There are four benefits of creating an LLC for your rental property:1. Limit Your Personal Liability
If you own your property as an individ...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Account Closed
Thinking through company structure for tax reduction
Good morning, BiggerPockets!
First, let me save you the trouble: you are not my attorney nor my CPA and any advice given is for educational purposes only!
Second, thank you for taking the time to respond. The shari...
Wil Serrano
Seeking advice with FHA CWCOT property
I'm in the process of purchasing an FHA CWCOT property that is being sold prior to conveying to HUD. I will have to assume all responsibility and liability for any occupancy, and all responsibility, liability and cos...