Raj Kumar
Opening an LLC in South Carolina
I live in VA and bought a commercial property in Myrtle beach,SC last week and will be closing it in 3 weeks. I was trying to open an LLC in SC, so that I can resister the property in the LLC name. But Legal zoom said...
Account Closed
Best way to deduct meals, vehicle, etc. on taxes for landlord?
I am actively seeking investment properties (buy and hold) in the Raleigh, NC and surrounding areas (A & B neighborhoods predominantly) and need insight regarding how to structure an entity that is tax advantaged....
Roland Craeye
Foreign entity registration in CA.
Hello, I've got a legal question, it may be a bit off-topic but maybe someone has an answer to this. I have a Wyoming LLC, need to register it in CA. Secretary of state website tells me to file Form LLC 5. One of the ...
Account Closed
Tax advantages of incorporating
It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...
Jesse A. Nieto
Before the booms
Hi all. My partner and I have bought a few homes now. Flipped one, fixing two other up right now.
context of our experience- we bought our first home in Bozeman Montana. We lucked out big time. Bought on the heels ...
Irina Badal
Living trust/personal residence trust
I heard for anonymity purpose it’s advisable to set up a personal residence trust. Is it the same as land trusts ?
Also, if I don’t have the right person to name as trustee, is there any more economical option other ...
Joe Deemer
Llc that are elected as s corp still face the 25% passive income?
Do llc that are elected as s corp still face the 25% passive income?
Rick Trivedi
New Florida Broker Out of State Business Entity from California
Hello BP fellow professionals,
We have been a boutique Real Estate brokerage in California for well over a decade. Due to various driving factors, we are in the process - at the final stages - to become a licensed Br...
Mark S.
2017 Deadline: New LLC Operating Agreement Language
I keep hearing an ad on another podcast regarding new language needed in an LLC operating agreement by 12/31/17 to stay IRS compliant. Does anyone know anything about this? Sounds like a bunch of marketing BS, but w...
Jason Carter
Operating under a Limited Liability Corporation?
In my thinking, I have been leaning towards creating a LLC to operate underneath so as to help shield and protect me while I undertake this REI adventure. I understand that there is a thing called insurance which is s...