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All Forum Posts by: Arun Chhatpar

Arun Chhatpar has started 2 posts and replied 35 times.

Tax, SDIRAs & Cost Segregation

Post: Business Set up

Arun ChhatparPosted
  • Investor
  • Los Angeles, CA
  • Posts 41
  • Votes 5

LLC is most preferred in such cases. I am assuming you have some kind of umbrella insurance to cover your liabilities currently, if not, I would also recommend a third trip to the insurance agent. We'll that can be a phone call too :)

Best wishes.

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Questions to ask a Real Estate Tax advisor in your area on the first meeting?

Arun ChhatparPosted
  • Investor
  • Los Angeles, CA
  • Posts 41
  • Votes 5

Agree with Josh completely. I am in a similar boat and have been contemplating reaching out to an 'advisor'. I definitely need to do some homework. 

Best wishes Stephen.

0 Votes
Goals, Business Plans & Entities

Post: Structuing Business with Out of State Partner

Arun ChhatparPosted
  • Investor
  • Los Angeles, CA
  • Posts 41
  • Votes 5

Hi Joe,

I am in a similar situation. Were you able to move forward with this? How did you structure your partnership? Did you form LLC?

I would love to connect and talk through your thoughts.

Best,

Arun.

0 Votes
Goals, Business Plans & Entities

Post: Partnership

Arun ChhatparPosted
  • Investor
  • Los Angeles, CA
  • Posts 41
  • Votes 5

I am in a similar situation, slightly different though! I am investing in an out of state property, I am from Los Angeles, CA and my friend and property is in Ohio. 

This thread was very helpful.

0 Votes
Real Estate Deal Analysis & Advice

Post: First multifamily deal closed today!

Arun ChhatparPosted
  • Investor
  • Los Angeles, CA
  • Posts 41
  • Votes 5

Congratulations! It's almost 3 months from your post. What's the update on this property? Did everything work out as you expected? @devanm

0 Votes