Steve Gume
Can my LLC own a new home and rent it to my wife.
I own a LLC(100% sole owner). LLC has been registered for real estate renting. This LLC owns a commercial property which is having a net income of $1000/mo today. Can I buy a new home in this LLC(bank willing to provi...
DeMarcus Washington
To Partner or Not To Partner
I am about to begin investing and have 1-3 other people who I am considering partnering with. My question is how could we form a beneficial partnership? The only way I can think of is to invest capital as ownership % ...
Alondra R.
New Investor- Live in Cali & Property in Las Vegas
Hello,
I am looking into investing and I will be purchasing a home in Las Vegas and planning on renting it out (it is so expensive to buy something decent here). I will be living & working in California. I am ne...
Matt Mertz
Multiple Property Accounting
I'm about to get a second property online and wanted to keep the two properties in separate bank accounts. I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...
Troy Stoehr
When is it time to set up an LLC
What are the advantages to setting up an LLC as opposed to just investing personally. I have a few properties and I'm thinking about setting up a business entity and putting my properties under that entity. Is th...
Duc T Tran
Asset Protection Attorney for CA, MI, Ohio, WA rentals (CA res)
HI All, I am living in CA. Have rentals in CA, MI, Ohio, WA. I am looking for Asset Protection Attorney to help me to structure what best for me. I was thinking about doing the below vs. combine it with Series LL...
Jacob Michaels
Getting set up with an LLC - DFW, Dallas, Austin, Texas
Hello all,I have been operating as a sole proprietorship for my wholesaling business and I would like to get set up with an LLC and work with a recommended real estate expert CPA, or get it set up through a real estat...
Shannon Wright
S Corp or LLC ?
So, I am going to be starting an entity to initial handle Network Consulting Fees, etc and build out to property holding in a couple years. In the meantime, I need to keep the funds out of my personal bank account, et...
Derek Johnson
Capital Gains Tax
I am really looking for an answer from a CPA specializing in real estate, or someone who has been through the situation and had assistance from a CPA.We bought a house for $69,100 and are thinking of listing it for $1...
Anthony Freeman
Private Equity Deals
Can the operating agreement be drawn up before the LLC and bank account is created?