Patrick J.
How does an LLC form an S-Corp subsidiary Partnership?
I've read that its better to form an LLC and then 2 S-Corps underneath it that own the LLC for a partnership rather than forming a normal partnership for operations. Is this better for taxes?Could partners just elect ...
Steven McLarty
Financing Question - New REI
Hello. We are new to active Real estate investing. I recently left the aerospace industry after 29 years and my wife closed her ladies boutique. We are now embarking on our new chapter and want to actively invest in ...
Ryan Dossey
Should I put my personal residence inside my llc?
Within the next few months I will be purchasing a 4plex to owner occupy. My business partner and I have 2 properties in our llc currently. The pros would be cheaper insurance and anonymity from my tenants. What would ...
Aaron Dermon
New to BP, w/ 4 SFH rentals, interested in LLCs and 1031
Greetings all,My wife and I have four rentals in four different states and after I cam across a BP podcast last month, we have been considering our options to finally get serious about our investments. However, we ne...
Yee Elias
LLC Formation and Deed Transfer
Hello BP community, I'm in CA and am looking into forming an LLC for a long term rental I have in CA, and planning to acquire more.It was recommended that I form it in Wyoming for the best protection and anonymity. Ho...
Alon A.
LLC in Florida for Real Estate
Hey guys I want to own like in next 2-3 years around 4-5 properties I spoke with somebody and he told me in Florida the creditor can do something and it’s not like other states , so he offered me to do something with ...
Bernie Tobin
Series LLC - Michigan
My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
Alvaro Tuchan Jr
Property management/LLC formation/Collecting rent
Hello, my father recently made his single family home and is creating a 4plex in Los Angeles, CA which will be done in approximately 1 month. I have offered manage the property, since I want to begin real estate inve...
Shivam Patel
LLC structure for NJ
Hey guys,I wanted to get some advice on if this structure works. It's really hard to get in touch with some lawyers/cpas in my area, so I think I am just going to file everything myself. I just want to know what every...
Ward Hubbell
Unsanitary conditions in my rental
Recently i became concerned about the condition of one of my rental units due to the erratic behavior of my tenant -- furniture on the front porch, garbage in the yard, long rambling texts complaining about the unit, ...