So I’m stuck at filling out an LLC agreement of operation for a title company, I’m in the process of closing on a property. What is the initial contribution section referring to and the capital contribution page refer...
Hi all!Big BP follower but just creating an account now because I haven't found an answer on here yet.My parents are selling their home and are asking me to transfer the power of attorney over to them, provide SSN for...
We may more than likely be coming into our first rental properties. Two condos both free and clear, one has a tenant already in it with a guaranteed rental payment made by a well known charitable organization. The sec...
Started seriously analyzing multifamily properties for buy and hold. Couple questions for those privy. Looking in St. Petersburg, Fl. Current property is north of DTSP, between 275 and 4th st.
Trying to find aver...
I am looking at making an offer on a vacant property (it is not currently listed for sale) however I see where Core Logic has been paying the taxes for several years and they are not the owner. Should I run and not of...
Hey everyone need some quick advice. I have one rental property currently and I am looking to go for another soon. Is an LLC recommended? If so when? And what are the main benefits of it? Thanks!!Nick
I've been doing some research online and reading over every relevant thread on this forum regarding having a holding company and operating company system in place for asset protection.I already have my operating compa...
I'm about to have to pay an additional $300 per LLC to my attorney who is my registered agent for my LLCs. I thought surely there's a better way. I found this in just a minute. It appears to be a good solution, but I ...
Hi! I am wondering how to form a holding company. I was told that you just form a standard LLC and I would just list my current LLC as a managing member. Is that correct?
When just starting out with fix & flips is it necessary to engage a tax attorney or will a real estate savvy CPA be able to assist with all we will need? Can anyone recommend a CPA that is a real estate investor h...