Reid Mathews
Can I Write Off Expenses Through LLC
Hey friends, this may be a silly question. But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related? The exact example, could I set up an L...
Richard Petrocelli
Should i start corporation or llc w/ business partner having $
Hi, I am embarking into the house flipping business in south florida. I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories. Not that ill be doing all or most...
Randee Krymer
Business entity for buying and selling raw land
I am planning to start a business to buy and sell raw/vacant land. I would like the freedom to purchase properties in any state, but I am beginning to think that will be complicated by the rules of most business entit...
Eric Wagner
LLC Business Structure - Best Practice
When creating an LLC for your real estate business (i.e. Company ABC LLC) should you have a separate LLC's for each asset you acquire or does the umbrella business, Company ABC LLC cover all the assets you own? What i...
Nick H.
Mortgage with lagging income to show
Me and my business partner run a short term rental business that's profitable as of this year (yes, surprisingly, despite covid). We have 35 units. We both quit our high paying jobs last year to run this full time, so...
Alan Trauger
New Member Introduction - Alan Trauger
I am located in Orlando, Florida area. Like to meet others in the Central Florida Area.In process of transitioning into commercial real estate sales & leasing from over 40 years or decades of construction, real e...
Art Webb
Best Business Lines of Credit
Which banks offer the best/highest lines of credit to new businesses ? Pls add any special features or terms that your favorite offers. Appreciate all suggestions.
Account Closed
1st rental LLC OR UMBRELLA? BOTH? NONE?
hey I am currently in contract for my first rental which I am buying for 45k, worth about 60-65k now and will have a loan of about 34k on it. I will buy and hold the property and it has 2 units, my question is I do no...
Ian Livaich
Setting up LLCs Before Getting Started -- Operating AND holding?
Hello everyone,I am searching for my first buy & hold investment. I am starting to think that it is in my best interest to set up an LLC to protect my assets and insulate a property from some degree of liability....
Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?