Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
I own properties in multiple states, so far the strategy has been to keep all properties in one LLC in CA, however I would like to understand if I should be moving each property in its own LLC for that particular stat...
Can you break down the benefits of forming an LLC? Putting rental homes into an LLC
What would be a recommended formation in Texas to acquire a property through an limited liability entity that will have limited partners contributing funds and a GP as a manager so that GP can maintain max control and...
Hi All, I was doing some networking over the weekend with a person who made big in the Commercial real estate (retail) and he suggested me that, first advise I can give you is, don't deal with people/ rentals. Because...
I'm a Philadelphia investor, real estate agent, and wholesaler doing business in Philly, Montgomery County, and Delaware County. I know that corporations benefit from establishing themselves in specific states (i.e. D...
Has anyone utilized one LLC with properties in multiple states? Would a Series LLC be the move or start moving them into separate Trusts? Any CPAs, tax professionals or lawyers available for feedback?
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
I am rebuilding my portfolio now that we have moved to a new city. I plan to use my own cash for flips, and lender assistance for buy/holds. My loans for buy/holds would be in MY personal name with the bank. But I fig...
Hello,I am a rookie real estate investors with 2 rental properties.I have both of properties under my own name. I have a plan for the next five years to purchase more and more properties. However, I am not sure which ...