Currently own three multifamily fourplexes (2 in Ohio, 1 in Missouri). Plan to continue to purchase more soon. Currently reside in Virginia.Working on establishing a legal entity and spoke with one law/cpa firm. The...
Dear BP,I'm getting started and am interested in buy and hold, both for retirement and to build assets for my family. I have some funds in an IRA and other funds outside. Any recommendations on choice of entity?Than...
What is the best entity to setup for a Property Management co. ?Thanks!!!!
When you have multiple entities, do you pay your lawyer or CPA to manage them for you, or do you just handle all the upkeep yourself?
Hello friends,I am seeking advice on what type or types of business entities to set up to do real estate investing to protect myself from personal liability, as well as provide income advantages or any other advantage...
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
I am trying to get started on real estate investing out of the Chicago area. I have be under the impression that using your home address to start a business entity is not the greatest idea. I've read in multiple artic...
Hello BP people! I am looking to put in an LOI on a property I have been looking at I just wanted to know if I should get my LLC first?Thanks!
Hello guys,I am currently in the midst of structuring my entities and would love some insight on how you syndicators structure yours as this will be my first deal as well as any advice.Right now I am planning on creat...
I was considering using an LLC for my wholesale business, but it seems that I would have to pay capital gains tax and self-employment taxes with an LLC or a Sole Proprietorship.
And, since I'm not investin...