Ian Tudor
Best Park for MH Purchase
I am in the hunt for my first MH purchase. I have driven around 8 parks in my area, and I noticed a few things that I wanted a second opinion on. I was surprised by the large spectrum of quality in the parks.- What wo...
Calvin Schmeling
How would I structure my llc?
I have a good understanding of having each llc under a holding llc. But I plan on doing a few deals with my cousin to start off but I don't know if I would partner with him on every deal the rest of my life. Would we ...
Joseph Almeida
LLC bank account while being recognized as a S-Corp
I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank acc...
Lee Atwater
Buying from a defunct corporation?
No matter how much I google I can't find info on this.
So 6 months ago I bought tax delinquent land from an auction. It was owned by a defunct contracting company which ceased to exist in 1990. At that time, the land...
Pat Williams
Tax Organization Structure
Where are my blind spots in this tax organization for a real estate developer. A single member LLC (Company X) runs rentals, RE development, and is General Contractor on the development of the properties. The rental...
Jason Ballesteros
Flipping homes through an S-corp??
Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...
Antoaneta Ortiz
LLC or Partnership?
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Weng L.
Another 10+ financed properties post
Hi all
I searched in BP and found lots of posts talking about how to get new mortgages after you hit 10+ financed properties. However my question is a little different - After hitting 10th conventional financed prope...
Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Mary Jay
What is the proper way to
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...