Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

111
Posts
53
Votes
Will Kirkendoll
  • Lorain, OH
53
Votes |
111
Posts

closing on a multi family need advice

Will Kirkendoll
  • Lorain, OH
Posted

hello Bp, I have a quick question regarding the best way of handling closing on a multi family. Would it be best to close using the funds out of my company name and write it off or still use my company funds by paying myself and 1099 myself? I just have an LLC. closing cost is 8k. I only made 25k so far with company this year. I plan on flipping a house or two by years end! thanks

Loading replies...