Hello BP,I'm operating out of Maryland. I have heard and read that if you are going the LLC route, the property needs to be titled (before/after purchase) in the name of the company. An accountant is now telling me ...
I have been working with an investor and he has recently told me that he would like me to sell 50 of his properties and that he would pay me a commision/finders fee. Since I am not an agent I'm not sure how this wo...
Hi all, I currently live in Philadelphia and am planning on investing in the city over this next year under an LLC with a partner. However, I'll likely be moving to Maryland in the next year where my business partner ...
Searched the forums, but couldn't really find an answer to my questions about setting up the accounting around a holding company.I currently have 10 rental properties / 10 LLCs. I have a holding company created and w...
Here's the story. I have been negotiating with this large developer for a long time. They are buying the entire block on which I own a duplex, and have been trying to work me down into giving them the property at a di...
Ok, so I’ve recently begun looking at taking on some partners so that I will be able to do more deals. Mainly buy and hold, but the option of flips could arise in the future.
I now have two people that are willing t...
I have spent the last couple of days going through the forms reading about LLC's as they pertain to real estate. My wife and I have already decided to start one, and we have sent the papers to the state. Havi...
hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...
Hello everyone, I've never posted anything until now but I've been on here reading, learning, absorbing for a few months now and I haven't seen this topic fully discussed so maybe we can use my own situation to help ...
I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.
It's clear,...