James Madision
Benefits of having a LLC for a rental property out of state
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
Ben Feder
Should I structure a business entity for my large MF real estate?
I plan on investing in large multifamily commercial properties (10+ units, 50+ units, and 100+ units). Should I form a business structure for this for legal or tax purposes, other reasons, etc.? From basic research I ...
David Pupo
The Legality of Wholesaling
Thought I would touch on this topic because of a conversation I had to other day. So I am licensed and working for an investment brokerage here in Florida. I received a call yesterday from another real estate agent wh...
Denise G.
Property owners in CA forced to reduce rents by 25%
Here we go again:https://caanet.org/votervoice/
A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25%.
AB 828 by Assemblyman Phil Ting igno...
Vincent Billera
Inventing in real estate out of state
I’m looking to begin my real estate investing with purchasing properties and lease optioning them out. It will have to be out of state due to me living in SoCal. I’m mostly concerned with my out of state situation, ha...
Brian Hester
Looking to invest in Texas
Hello,Currently have properties here in Orange County with a partner and we are looking to invest in Texas. Trouble is we have no experience with the State let alone areas that make sense.We invest primarily in 3-4 P...
Bryan Barry
What happens if financing falls through on the buyers end?
So, lets say I have a standard wholesale deal set up. I have a seller and an investor. I get the property under contract as per usual, with a financing clause that holds me (the "buyer") free of obligation if I don't ...
Brian Camp
Picking home state for an LLC
Hi All.Is there any benefit to setting up an Single Member LLC in a state where there is no state income tax (and my current residence so I have an address) to hold properties from a state with an income tax? As oppos...
BW Miller
Foreclosure Auctions and Encumbrances
I'm investigating a possible property purchase through an online auction. A lot of online FAQs and websites talk about possible encumbrances attached to the asset, be it a mortgage, or a judgment or a tax lien. For ea...
Jessica Beard
Which state should I create my LLC in?
My brother and I live in California and will be partnering in investments so we want to form an LLC. We will be investing in Ohio for the time being. Which state should we form our LLC in?