The WORST Structure Real Estate Investors Continue To Make

[@ClintCoons]

What topic would you like me to address in my next video?

[@glenmatthes8839]

An update on the Corporate Transparency Act, the reporting requirements, and how that's expected to impact anonymity going forward, please.

[@paulbzzz7636]

Privacy for a new investor that has stalkers on both sides of my family.

[@steveh1460]

Best setup structure for wholesaling through 24. C-Corp and land trusts or LLC?Thanks Clint

[@wheelswanch]

My partners and I are having this same discussion with our CPA as I type this. We are looking to invest in multifamily commercial for 1 to 5 years each deal. Our CPA doesn't like the LLC for this and suggested a General Partnership, but we are concerned with the unlimited personal liability that comes with it. Our CPA also doesn't like having multiple layers of entities either because of the complexities. Any suggestions on the matter would be greatly appreciated.

[@ClintCoons]

Switch CPAs or give us a call and we can assist. If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

[@dapartyat]

Thanks for the video. What would you hold A primary residence in that you turn into A 5 year land contract with a balloon?

[@ClintCoons]

I would sell it to an S-Corp on an installment sale to lock in the gain then sell it on a land contract.

[@joshisup]

How can i start in real estate from nothing ?

[@rc8850]

clint. Love the videos! Great content. I find even for Legacy entities to get lending the banks would prefer a tax return. How would you suggest managing that? Example: I purchase a 100 unit multi family. 5 years from now I want to refinance it. Bank would like to see tax return on that property.

[@ClintCoons]

I agree that is a problem and if you want to obtain financing in an LLC you should file a return.

[@rc8850]

@@ClintCoons Thanks Clint! Can you file a return even if there is only one owner? If not is there a way to get around this?

[@ClintCoons]

@@rc8850 Not unless you elect to treat it as a corporation for tax purposes

[@lavannwilliams4000]

Can we have a deeper conversation on Tax Liens/Deed business structure for keeping properties for rental properties and some that we will wholesale. Also add in how having a living trust for generational wealth

[@ClintCoons]

Thanks for the suggestion

[@melhoresprodutos8899]

This is Great for medium Investment( More 1 Year) have the Partnership because have Several beneficts type do Not Pay the 15,3% the Social and when Sell the Property can pay 0% TAX if have many Partners once the Capital Gains is exempt in More the 44k per Partner in 2023