Ben Feder
Should I form a different LLC for each property I invest in?
I will be investing in apartment buildings. I think while reading a real estate book a few years back, I learned that you should possibly setup an LLC for each property that you invest in, to keep properties separate ...
Mario Nacev
Tax Strategy for first deal
Hello,I am looking to build a 4 Plex in PA.I am in the preliminary phase of planning and my questions relate to entity structure, taxes, and finances Background:Land Cost $10K Build Cost $200KAppraised Value at comple...
Kranti K.
Defend subpoena to trust.
Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...
Erik Williams
Should/Can I transfer my Multi-Family property in an LLC
I am currently under contract to buy my first Multi-Family (4plex) property and actively looking for my second property. Because of 1031 exchange rules, I have to make the purchase of the property under my own name, ...
Rick Dane
If I own a property through a corporation can I rent to myself?
So, this isn't a scheme to evade taxes, I'm considering two possible scenarios so just wanted to get a high level overview if this would make sense legally. I'm considering either buying a vacation rental property and...
Adam Mathews
Average cost for REI CPA/Tax Accountant?
We have 27 properties all under their own LLC's (each LLC has between 2 and 4 members) plus a couple other misc. entities (totaling ~33) and recently our accountant of 40 years retired. We have been searching for some...
Matt Said
Can you 1031 a property from an existing LLC to a new one?
Currently have a Wisconsin LLC with 3 MF properties, we are currently selling 1 (but likely all 3) with plans to move the funds to invest in the South. Our CPA advised that it would be best to create a 2nd/new LLC in...
S D.
Setting up a Holding Co, LLC
Would like to know about starting an Holding comany LLC and what types of companies and structure I should consider. I am primarily interested in investing in land and businesses in Central America. Does anyone ahv...
Derek Mendez
Loaning money to multi member llc I’m in
HiHad a tax question I’m trying to wrap around.If I loaned money, such as cash at property closings or my credit card for llc to use. Besides reporting any earned interest I get; if the llc goes under can I write of...
Dylan Boyd
Bookkeeping Services - I Need Help
Hi guys,
I spent 6 years as a tax accountant before I got to my current position (Director of Finance for a commercial real estate development company). I've been approached by someone who owns a rental property an...