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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...
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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!
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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...
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...
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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...
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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!
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...
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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...
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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...
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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...