Henry Li
S corp for Real Estate Agent
I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
Kevin Alvarado
What do investors do when they have multiple properties? Multiple LLCs?
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
Agatha Oliveira
Maintenance invoices on self managed properties
Does anyone own property and self manage using a LLC? I just moved to that having in the past always used PMs. I hired someone to do some minor repair and was planning to have this person invoice me as the owner direc...
Pedro Machin
Multiple LLC and Trust Tree Business Structure
Hi everyone! Forgive me if these questions are already out there, but couldn't find them after some searching. I have a few rentals that are already listed under one LLC.
1. Given that my LLC would then be li...
Joe Kamenar
Profit/Loss Allocation for Multi-Member LLC that Holds Property
Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...
Mick Murray
Appraisals in a slowing housing market?
My wife and I are just about to pull the trigger on our first BRRRR. I'm hesitant to use comps from this summer, however, to calculate ARV as that timeframe represents a different landscape in the home buying market....
Trace P.
For LLC must payments be made from LLC bank account?
Hi! If I set up a LLC to hold my real estate, must all my business expenses be paid via the LLC bank account for annual accounting purposes? For example, my air ticket expenses, food during my business trips, hotel, p...
Bryan N.
LLC for flipping and I'm an out of state resident
So, I'm active duty military with rentals held under my name and an umbrella. I'm going to start flipping. I was going to start an LLC because I was told that it will limit my taxes to 15%. Currently I'm in the 25%...
Tony Lin
Starting a company/LLC for passive investment, overkill?
I'm planning to get involved in a few apartment syndications as a passive investor, potentially doing a small apartment myself few years down the road if I learn enough. Is it necessary to form a company or do an LLC ...
Michael Dang
1031 Exchange Personal name to LLC
Hello,Did a search on BP but didn't see exactly an answer for this question.My parents have a property under my dads personal name. We are doing a 1031 exchange on a property we are selling to purchase a retail plaza...