Matthew Nelson
Prop manager adjusting ledger 18 months later
Was working with the property management company for two years. Two months ago, I decided to cancel our arrangement with them. I had downloaded all of the ledgers from the online portal .
4 days after the relationshi...
Juan Pablo Murillo
Benefits of Not Forming an LLC
Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
Anthony J Ruma
Multiple state investment properties LLC
Hell BP!I’m looking for some help regarding LLCs and having rental properties in multiple states. If someone could provide me with a little information on how to obtain, or any legal help would be much appreciated. I ...
Asia Zdziarska
Should I set up an LLC in Arizona or California?
Dear BiggerPockets investors,
I live in California and am in the process of purchasing 4 condos in Arizona. I have been advised to set up an Arizona based LLC. Does anyone understand the pitfalls/tax implications of ...
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...
Mark Ho
S Corp?
Hello Everyone,I have been reading about many topics on setting up S corp for flipping homes. Was wondering what other investors in California have set up for their business. Are you buying homes under your business ...
Kareem Aaron
Contingency Lawyer Referral Request -- Unpaid & Abandoned Rent
I need help finding attorneys who will handle my case on a contingency basis.I have a rental property that was abandoned by my tenant. The lease started June 1, 2017 and ends May 31, 2018. She paid the deposit and the...
Billie Joe
Do you have to register as a foreign entity with a Parent LLC?
Do you have to register as a foreign entity, to have 1 LLC (from another state) own the LLC in your state? Or can you register them separately and have the details worked out in an operating agreement?Also, do you hav...
Johnny English
Wyoming LLC but operating in CA
i have a virtual consulting business under a Wyoming LLC. Can i deduct business expenses (i.e. car, home office, travel, etc) for CA?
Judd Campbell
1099 a dead employee?
I had paid a casual worker approximately 1000 half way through the year when in July he died of a Heroin overdose. He was not married and was living with his elderly mother. He has no estate. If I file a 1099 on him w...