Carol Lam
LLC for rental property
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? ...
Cory Evans
LLC Questions (California/Michigan)
Hello,
I currently live and work in San Francisco, I am looking at developing property in Michigan and wanted to create an LLC based in that state (I have 1 minority owner who will be doing the day to day work in Mi...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Tim Callahan
Latest fix & flip! 6 month project.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $150,000
Cash invested: $100,000
Sale price: $307,000
This was a pocket listing brought to us by our realtor. ...
Dave Chu
Quick flip in Los Angeles with plenty of lessons learned
Investment Info:
Single-family residence fix & flip investment in Los Angeles.
Purchase price: $755,000
Cash invested: $120,000
Sale price: $1,160,000
Quick turnaround with a lot of lessons l...
Kristopher Kyzar
First Joint Venture Flip
Investment Info:
Single-family residence fix & flip investment in Hampton.
Purchase price: $50,000
Cash invested: $27,000
Sale price: $172,000
Contributors:
Jonathan New
This ...
Holly Rehfuss
North West Philly flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $193,000
Cash invested: $8,100
Sale price: $430,000
A lender brought me this property. They funded the entire p...
Mathew Collins
Can you put the house you live in into an LLC to protect it.
So what I want to do is protect my house with an LLC while living in it. I own the house outright. Is this a good idea? Can it be done? I will also be buying another property soon as well and would like ito to be...
Luis Torrico
Setting up an LLC in CA
Hello,I’m buying my first rental property in OH.I set up an LLC in California but now I hear it’s best if I set up the LLC in the state I’m buying my property.Has anyone bought a property in another state being from C...
James Carlson
Can I claim a second home/vacation rental as my primary residence?
The answer is no!
And a criminal case this week shows why you shouldn't mess around with this rule. (For those averse to reading ... a State’s Attorney is on trial for claiming on loan applications that she'd reside...