What is the main difference between having your LLC taxed as a Corporation or an S Corp ?
Hi guys, I was at an asset protection conference and one of those guru's who tries to sell you a tablet and a "program" was all about index linked overfunded insurance and I liked some of what I heard. The idea being...
Hello,I am new to this forum and real estate investing. I have been doing some reading and feel that real estate could potentially help me reach my goal of financial freedom so that I have more time to spend with my f...
If i put my money into a real estate investment trusts, what happens? Do I receive passive income?
I know this is a very open ended question but just want to get some basic feedback.
I know nothing about those creative real estate investing strategies, so my approach has always been "BUY-HOLD-RENT" long term.
I...
I hope everyone is and remains healthy and safe during these challenging times....
I'm a first time flipper and I could use some help/advice. I've spent considerable time trying to get answers on my own but haven'...
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
Hello,My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property a...
I'm about to close on my first property, a 4-plex. I plan to buy more in a short while, and I thought one of the main benefits of a corporation was that you pay taxes LAST. So I thought if I bought another property ...
What would be the rationale for making a loan with a promissary note from your personal name to your LLC instead of just making a capital contribution? Is there some tax advantage to doing that? It seems simpler to j...