Nicholas Lilly
Series Limited Liability Company (LLC)
What is a series LLC?
Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting. That process created more unnec...
Stella Zhao
Insurance Company that Issue to High Claim Records Client?
I own multiple properties across the US. I had never filed claims until last year, multiple of my properties had water issue. I filed water claims for two, and another claim for wind damage. All 3 were for different p...
Dave Kush
Title company hacked
In case you are having any difficulties with a scheduled closing today, this may be why. It has delayed one of mine however it may still go on today.https://www.realestatenews.com/2023/11/21/hack-at-nations-largest-ti...
Evan Gater
Does suggestion of bankruptcy always stop a foreclosure sale?
Hello,
I very often see "Suggestion of Bankruptcies" in foreclosure case dockets. While some are in good faith, it seems that some are intended to delay the sale as much as possible. Sometimes, there are multiple sug...
Max Brudner
Bookkeeping/Taxes at the Parent company level
Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to bu...
Jonathan B.
Land trust in Florida - Multiple owners
Hi Guys,
Can a property be held in FL land trust holding multiple beneficiaries?
as in, 1 LLC & An individual private investor are listed as the beneficiaries, and the llc also being trustee for the trust.
h...
Ron P.
Accounting for Multiple Flips
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
Ryan Stover
Benefits of Investing in 0 Income Tax States?
I haven't found much direct info on the benefits of investing in properties located in states like Texas, Washington, and Nevada. I assume there must be positives even though I am a resident of CA.Would REI in these t...
Angela W.
Series Limited Liability Company (LLC)
Here's an article I wrote: Series Limited Liability Company (LLC)
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!What is a series LLC?
Historically, members had to file, manage...
Duke Giordano
Passive Syndication K1 Question on File and Amend vs Extension
Hey all, I had a quick question for you as I am a passive syndication investor in multiple syndications in the range of 10+ K1's annually and there are a few K1's that are coming in late but expected sometime in late ...