All Forum Posts by: Nick Allgood

Hi there,

So next year I'll be doing some side contract work and it's about the time I start to form an LLC for myself for legal and tax purposes. I've read and heard from others that Nevada and Delaware are often picked to form an LLC out of due to the tax laws, and not needing to be a resident of that state.

Is this still applicable? If so, do I need to also get some type of business licenses for the state I'm currently living in and doing work in.. or does that matter? I know next year the work on one of the contracts will be out of state while the other I'll be in state.

Thanks @Justin Ebling ! I'm all ears at this point.. just learning what I can and would like to start getting into buy and hold but I'm open to anything! I'll try to be at the MDREIA next week .. i'm fairly available since I work from home if you wanted to grab coffee or something.

@Account Closed I'd love to go there and meet some folks and gain some wisdom! Where can I find info about location/scheduling ? 

Hi there

I'm pretty new to investing in real estate and investing in general but have been doing a lot of research and building up my circle of people slowly and steadily. I live south of Baltimore, MD where I purchased my first home in July 2016. 

I currently have a great job in the technology field and the higher education market, but am slowly starting the process for a PhD in computer science. I wish to be a professor for the love of the industry and education, but would like to start and grow my empire now so when I do begin teaching, I'll have a nice stream of equity and passive income.

I currently am keeping my mouth shut and ears open as I seek to expand my capital so I can put a down payment on my first investment property.