I'm hoping there are some CPAs or personal experience (knowing I need to confer with a CPA) here to assist me with a decision on whether or not to open a LLC in TX (our place of residence and where we'll do all our bu...
HelloI have a general question surrounding syndications .....multifamily, mobile home parks,self storage, industrial etc. Obviously sponsors / GPs have to deal with insurance, property taxes etc ,I would like to know ...
Hi All,My partner and I are looking to launch a private real estate fund (raising money from 10-15 individual investors). Our plan is to use the pooled funds to invest in a combination of flips and longer-term MF ren...
I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as). Currently, I do not have any properties. However, I plan to purchase my first rental property in t...
Hello everyone!I have a potential deal in the pipeline. A local investor is selling his 8 unit complex that he has had for over a decade. I have mentioned seller financing to him and he is interested in talking about ...
I'd appreciate advice in how to structure this specific kind of deal:- Current owner is a neighbor/friend, who is 75 and wanting to get out of two duplexes in the near future (4-12 months). My husband has done handym...
Hello!
I am in search of advice from someone who has a business partner. I need advice on structuring the partnership and ensuring that all investments are handled fairly and equally.
Currently we are thinking abou...
Hi there, BP. First time poster. I've spent my entire life in education and the arts. I need a change. I'm a single mom whose last kid is now in college and it's time for me to do me. I need to recover from the financ...
So I’ve been looking into how LLCs get taxed. I also learned how corporations get taxed recently. I was wondering if any of you rolled your LLC into a Corp to reduce the taxes you pay? I’m curious how this would fit i...