Jeff Wittig
Whats the best entity for a house flipper, Washington
Hello BP community. Have a question that I'm hoping someone may be able to offer some advise on. When purchasing a house to flip would it be better to purchase under my General Contractor LLC (mainly used for ho...
Keith Kaufman
Choosing the Right Business Entity for Buy & Hold
I have found several posts that address the pros and cons of an LLC versus a Land Trust regarding the type of protection they provide. That is not my concern because I believe that if a tenant is injured on my proper...
Gulliver R.
Structuring mobile home parks in different types of entities
Hi all,
I have heard two good ways to structure mobile home park ownership:
1. The Owner owns one Primary LLC > which then owns several Land Trusts (for anonymity) > then each Land Trust each hold title to one...
Account Closed
What entity should I put my property in? (Illinois)
I want to start a business out of rental property. What entity should I put my property in and why? (Illinois)
Account Closed
Legal Set Up (Entities, Bank Accounts, Leases, Title, etc)
My set up has gotten a little out of control. Here is what I have:3 rental properties all with my personal name on title3 mortgages in my personal name (banks wouldn't lend to my LLC)3 Bank accounts (in my LLC's name)...
Eric Gabriel
$500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Stuart Udis
Structuring your entities for anonymity is NOT asset protection
I am tired of reading about real estate investors seeking advice on where they should incorporate or how they should structure their entities for anonymity. Anonymity is NOT asset protection. To lay it out as simply ...
Elliot Tan
Can you assume a VA loan with an entity?
Have an opportunity to assume a VA loan and wondering if I HAVE to do it in my personal name, or if my entity can assume the loan. So far striking out on doing internet searches and looking on VA website.
Tom Kairys
Should I setup entity enterprise before starting out in REI?
Hi,I am new in this field. However, I been in construction, sub-contractor, in particular, flooring and remodeling for 16 years. Looking to transition from physical labor and earned income to more of the passive incom...