My partner & I have a property titled under LLC. We will be selling it & doing 1031 exchange to buy a new property that is higher price than the property we are going to relinquish. It will be a "like-kiind" e...
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My partner and I are interested in starting a real estate limited liability company. What are some advantages and disadvantages to this? We will be doing mostly buy and hold investments under the company name.
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This is a tax/legal questionex. My llc is Wyoming llc. I have properties in MI and AZ. Do I need to register my LLC in MI and AZ for tax purposes? ContextI have been registering it in the states of the rentals on ...
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From this site, it looks small LLC does not need to file sate tax:https://www.dos.pa.gov/BusinessCharities/Business/Resources/Pages/Foreign-Limited-Liability-Partnership.aspx"Under the U.S. Supreme Court's Wayfair dec...
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Hey all. Just joined and posting for the first time. I have historically made gains living in places then selling them. For the first time I am looking to sell a multi-family I never lived in and buy a new multi-famil...
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What is an umbrella policy for rental homes? Should I go LLC
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I am currently investing privately, but my ultimate goal is to form an investment firm or business if you will. I have heard the best way for someone in real estate is to form an LLC versus incorporating. What are t...
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Without giving advice, for those of you who have an LLC, what is it used for specifically? What is its purpose/design?
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hi BP. I been putting off getting an llc but now that I'm in business I don't want to put off any longer. Looked at different options looking for cheapest and most efficient willing to put in the work myself that an a...
How do you know if a rental property will make enough cash flow before you buy? Budgeting is KEY. When breaking down a deal, it’s critical that you account for the costs of all capital expenditures (CapEx), maintenanc...