Oleksandr Ivanovskiy
Can I deduct entity creation expense on my taxes?
I am wondering whether or not I can deduct entity creation expense on my taxes.
Gary Parilis
Registering out-of-state LLC as a foreign entity
I have an LLC formed in PA and I intend to invest in other states. In particular, I'm looking at properties in Tennessee and may be making a purchase soon. I've been reading that it's necessary to register as a "forei...
Seth Kodner
How to structure legal entity in partnership wholesaling business
I and a fellow investor plan to start wholesaling in order to generate leads for our own respective real estate businesses as well as wholesale to make extra capital for investment. We are wondering how to set up the ...
Liz Pineda
Select the right legal entity for my RE business
I want to make sure that I select the right legal entity for my business. I know that for active ordinary income (example: flips) I should do an LLC taxed as an S corp and for passive income (example: rentals) I sh...
Alex Muirhead
Help Please! Too Many Units Held By One Entity
Hi there, I am trying to refinance a condo I own free and clear, I got all the way through the process with quickenloans and then found out that as more the 10%of the units are owned by a single entity Sallie Mae et a...
Bony Mathew
Help with starting a real estate business entity structure
hello everyone, I'm working with a lawyer in the area to start a business structure for real estate investing (mainly for rental properties). I drew out a business structure based on my conversation with him. if you g...
Erica Chung
Forming an Entity for first time buy, California resident
Hi everyone. I’m very new to real estate investing. I’ve just been feeding on reading content. I’m currently reading Long Distance Real Estate Investing by David Greene. And would like to apply his advice to starting ...
Lucas Pfaff
How do YOU get paid?!?! - From your LLC/Entity
I'm a bit stuck in trying to determine the best way for an investor to get compensated for their efforts in an LLC. I am part of a 2 member LLC in Philadelphia, PA. Originally, both members were operating under an und...
Jeff S.
Holding properties in separate entities with separate bank accounts.
I understand it's a smart move to hold each property in a separate entity, but what about separate bank accounts for each property as well. Would it make sense to have 100 properties, in 100 different LLC's, with 100...
Nazz Wang
What business entity do you have your rentals under?
Hi BP'ers,About to talk to my lawyer today but want to check with everyone to see how you are holding title to your long term rentals.We have two main things going on. We have four California rental properties we are ...