4 April 2020 | 11 replies
Hello Rich, the loan was for $15,000 at 9.37% repaid over 120 months through a company called "Service Finance Company LLC"

3 April 2020 | 1 reply
Structuring LLC - assessing whether a Series LLC or Traditional LLC for each property would be best for needsc.

12 April 2020 | 76 replies
As my business partner and I both have full time W-2 jobs not in the field of real estate, having our agent has been quite essential in the growth of our LLC's property holdings, as well as finding us off market deals.

5 April 2020 | 1 reply
I have some lots that I would like to transfer into an already formed LLC.How best can I do without spending too much money?Which is the best deed to use in my situation.Thanks

5 April 2020 | 5 replies
I have been advised that if your holding co LLC EIN is NOT the one making the payroll then it does not count towards the loan calculation.
29 June 2020 | 16 replies
Nothing is certain but lots of telltale signs on their website.API ELA Homes LLC says they are in Santa Clarita, CA.

4 April 2020 | 3 replies
Get the paperwork done in your LLC name and then for a fee you assign your place in the agreement to your end buyer.

4 April 2020 | 2 replies
All of our units are on the KS side of the border, so we have a KS Operating LLC.

5 April 2020 | 7 replies
Also this lender considers it a commercial property so when I guaranteed the loan for my LLC it does not show on my personal credit (which is what I want).I'm also looking long term at closing costs....those things add up!

4 April 2020 | 0 replies
I have been researching corporate structures and am getting some conflicting information.A tax adviser is suggesting that I setup an LLC in Wyoming, with a trust as the owner, and with me as the sole beneficiary of the trust.I read several articles that say I may have to register the LLC as a foreign entity in my state, New Jersey, because I would still be "transacting" in in my home state.I read some exemptions on what constitutes doing business though:(7) creating or acquiring indebtedness, mortgages, or security interests in real or personal property;(8) securing or collecting debts or enforcing mortgages or other security interests in property securing the debts and holding, protecting, or maintaining property so acquired;I'm trying to figure out what the bolded section means as far as owning income producing real estate, it looks like it may be exempt?