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Results (6319)
Tyler Lindsay Owning a condo
3 July 2023 | 1 reply

Hello everybody, I’m looking into purchasing a condo in SE and doing a long-term rental.  The rental is 75% done at a good price and can probably get it lower.  The previous owner partially replaced the windows and th...

Thomas Sherlock Live Illinois, Buying Michigan. Where should I setup LLC?
12 March 2017 | 5 replies

I live in Illinois.  Buying 1st rental property in Michigan.  What is easier, setting up LLC in Illinois or Michigan?  I have no accountant or attorney.  Any advice?  Thank you!

Kyle Knutson Best Business Phone Service
9 February 2021 | 5 replies

What are some good business phone services/apps/etc... to make life easier for managing your properties? I'm looking for something that can act as only a voicemail line, hides my actual number when calling, etc... and...

Luke Moczydlowski Out of State Property - Where to form LLC?
17 October 2018 | 6 replies

Myself and two of my partners are purchasing a multi-family rental property in Wisconsin. My partner and I are residents of Illinois. Our third partner is a resident of New York State. Where should we form the LLC? In...

Janet Behm Daily Fines of $500 for Failure to File by Year-End
30 October 2024 | 2 replies

The U.S. Government is nailing property managers to the wall in a bold move to control financial crimes.
BOI is yet another Federal program, “Beneficial Ownership Information.”
The BOI program, a key tool in the fig...

Albert L. Fractional ownership in syndicated LLC in IRA, $800 LLC tax?
10 September 2017 | 10 replies

Hi,I am wondering, if I invest in a syndicated deal where I own fractional ownership in a LLC using an IRA, does that mean it would be subject to the yearly $800 California franchise tax?Thanks!

Account Closed Getting an LLC for Wholesaling
13 January 2017 | 1 reply

So I have heard that it's much safer to have an LLC before you conduct any kind of business. I plan on getting LLC'ed before I conduct my first wholesale deal. That being said, Have you guys gotten your LLC' in the st...

Moshe Wedeck LLC for Personal Use
22 November 2017 | 1 reply

Hi All, Does anyone have experience with use of an LLC or S-Corp for personal use. I am considering using one to serve as a pass through account for various small business ventures. Any information would be appreciate...

Sandy Uhlmann Is dealer status avoided if real estate activity is done using a self directed IRA?
26 November 2014 | 8 replies

I recently set up a self directed IRA through Midatlantic.  I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status?  One of the Midatlantic reps suggeste...

Mike Dymski Does an IRA LLC have to register in multiple states?
20 February 2018 | 4 replies

If an IRA LLC is investing in multiple passive syndications, does it have to register in each state where it makes an investment?  If so, how is that facilitated, are there service providers who handle it, and what ar...