Gary Dezoysa
Do LLCs pass through tax benefits
Hi guys,The two major RE tax benefits I know of are depreciation and mortgage interest deductions.I plan to hold my properties in an LLC. I think the tax benefits should pass right through to me, is that correct? Sing...
David Givens
Start an LLC?
Hello,I will be renting out my place for the first time, but I'm curious if it's worth it to start an LLC and to transfer the title? What are the benefits and downfalls? Or does this have no bearing?Thanks,David
Lee S.
LLC online formation recomendations
Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
Jose Diaz
Business Line of Credit
Earlier today on LinkedIn I came across a posting from a company that provides business lines of credit up to $150K in unsecured business credit, 0% interest for 6-12 months, no income verification and no credit repor...
Rick C.
Best Practices for Maintaining the Corporate Veil of an LLC
I own several rental properties in an LLC. The LLC has its own bank account/credit card which are only used for those properties, any bills/contracts are always signed with "Manager XX LLC" next to my name, etc. Are t...
Kym Johnson
What the tools you use to create a system in wholesaling?
Hi Pocketeers, I am new to the industry and I am trying to set up a strong 'foundation' to my business. I have a conglomerate of tools and apps for skiptracing, pulling lists, CRM's, etc. I am really trying to narrow ...
Dana Dunford
National Property Management Firm
Ali Boone wrote a great blog post on the characteristics of a phenomenal property manager. Why isn't there a national property management company that strives to streamline the process to provide great management?Comm...
Michael A.
Can one S Corp transfer expenses to another?
I recently met with my accountant and he told me that an S Corp can buy unused expenses from another S Corp. I have a relative who has accumulated over $300,000 of expenses over the past 10 years that he has never wri...
Phuong Tran
Limited POA for real estate form
I will be out of town for the closing on a property I am buying with co-investors who live in NC. They will be signing at title company in NC. Is this form the correct one for me to assign limited POA to cover real es...
Nathan Loomis
Who Goes on the Team First?
My wife and I are new investors. We have a fair amount of cash saved up and recently inherited a rentable home. We've been on BP and the podcast for about 6 weeks learning everything we can and I've been reading bus...