Donna Williams
California resident with WY parent CA sub LLCs
Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...
Stacy Weng
Partnership Legalities
I'm new to real estate investing and would like to start flipping in the Northern Virginia area. If I were to partner with another investor, whether it's a friend or someone I meet through a meetup, what do I need to ...
Joel Owens
Help with a tax question..................selling my apartments
Okay looking at selling my 20 unit apartment building I bought last July. Currently own on a wrap.
I hold title.The reason I am selling is I have some other big projects I am working on.
There is a very well qualifi...
Daniel Wolz
Existing LLC, New rental in personal name
I have an existing LLC with 4 rental properties in its name free and clear (purchased all cash), a bank account, and file taxes as an LLC. I am paying cash for, but wish to mortgage immediately in order to take advant...
Nghi Le
Investing in Indiana
I've been looking at some deals in Chicago and East Chicago (Indiana), but I'm from Washington. Have any WA locals invested there, and if so, are there any laws, processes, or just things that I should look out for t...
George Red
Asset attorney in state of residence or state of OOS properties? Make a Difference?
I have a primary residence in CA and 5 investment properties OOS and I have insurance (and an umbrella policy on properties under my name directly) on all property. I'm wanting to connect with an asset protection spec...
Barry Cooley
Newbie tax questions
Ok all you smart BP members, I have a couple of tax questions. I'm new to real estate investing, and haven't made my first purchase yet. I have been trying to get some things in order while looking for a property.
1...
Rowan Woodburn
No money no credit (bad credit)
How do I start investing into real estate when I don't have cash or good credit? Do I build a business plan and then present it to hard money lender? How does it work? I need a step by step process order and operation...
Brad Hammond
Portland, ORE restricting rent increases till 3/31
I saw on the Oregonian that Portland is now mandating landlords to pay relocating fees if we raise rent from now until 3/31/2021 and tenants can not afford the new rental rate. Tenants must provide a written statemen...
John Fabros
Baltimore Cash Flow - What's the Catch?
Looking at markets within driving distance of DC for buy and hold cash flow. From the high level data and also the limited research I've done so far, Baltimore seems to have an abundance of affordable high cap rate pr...