All Forum Posts by: Dave Kapsack
Dave Kapsack has started 8 posts and replied 44 times.
Post: Limited Down payment Funds
- Posts 46
- Votes 16
Quote from @Andrew Postell:
@Dave Kapsack is this a 2-4 unit property? Or is it a 5+ unit property?
Small multi duplex or triplex
Post: Creating LLCs, structuring growth and/or hiring outside companies
- Posts 46
- Votes 16
Quote from @Nate Marshall:
Quote from @Dave Kapsack:
Quote from @Nate Marshall:
There are nothing but pros with establishing an LLC. I have 45 of them. All but 2 are in Wyoming, South Dakota and Alaska
One advantage is COPE (Charging Order Protection Entity) which is strongest in Wyoming. Wyoming also just made their LLC's stronger.
You will get asset protection and tax benefits but one thing that also helps is the Statutory Trusts the state offers.
I am available for further discussions and I have an outline for spider webbing your entitie.
LLC's and Trusts are where it's at. Total protection.
Hi
I’d like to find out more about this. Do you have recommended resources to share?
Yes. www.wyomingcompany.com www.wyregisteredagent.net are 2 providers. You also can watch the 4 You Tube videos I did about this. www.youtube.com/@privatemoneyauthority
Post: LLC Structure Guidance
- Posts 46
- Votes 16
Quote from @Don Konipol:
Look into a SERIES LLC. May accomplish what you want and save you a lot of time, effort and $
Post: Limited Down payment Funds
- Posts 46
- Votes 16
Hello,
Looking for resources on how to purchase a multi family in CT with very little out of pocket.
The plan is to purchase this under an LLC
Looking forward to connecting on this,
Dave
Post: LLC Structure Guidance
- Posts 46
- Votes 16
Hi All,
Its getting to that point where I am looking to connect with a pro on setting up an LLC for long term buy & hold multi family in CT.
Looking to setup the holding company , then the LLC.
This is in term of assets protection as supposed to taxes. Although I’ll take any tax benefits I can get.
Chat soon,
Dave
Post: Creating LLCs, structuring growth and/or hiring outside companies
- Posts 46
- Votes 16
Quote from @Nate Marshall:
There are nothing but pros with establishing an LLC. I have 45 of them. All but 2 are in Wyoming, South Dakota and Alaska
One advantage is COPE (Charging Order Protection Entity) which is strongest in Wyoming. Wyoming also just made their LLC's stronger.
You will get asset protection and tax benefits but one thing that also helps is the Statutory Trusts the state offers.
I am available for further discussions and I have an outline for spider webbing your entitie.
LLC's and Trusts are where it's at. Total protection.
Hi
I’d like to find out more about this. Do you have recommended resources to share?
Post: Newbie RE investor Long Island
- Posts 46
- Votes 16
Hi Zach
I am also on Long Island. Its pricey. Have you looked out East or “upstate” on the otherside of the city, could be some deals there.
Do you have an agent?
are you pre qualified for a loan
Check with some of the local credit unions
If you ever find a meetup let me know. They’ve been tough to come by on the Island
Post: Multi-Family Investment Groups in NY
- Posts 46
- Votes 16
Interested, depending what area
Post: Virtual Real Estate Investors Association!
- Posts 46
- Votes 16
Did this get going. I got this from an older post you made about a Philly REIA, what's the scoop? I'd like to join if possible.
Post: Closing Costs out of state investor
- Posts 46
- Votes 16
Great to know @ Ebony Calloway.