Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.

Laws, contracts, best practices and standard protocols are always changing.

Baxter, Esq.JGB November 2023 NewsletterIn March of 2023 the Internal Revenue Service made Revenue Ruling 2023-2 clarifying their interpretation of Internal Revenue Code (IRC) § 1014 regarding irrevocable trust basis adjustment at death.

Some people like to live at a higher standard of living than others . 

For the better part of two decades I've been involved in real estate in some capacity including but not limited to: mortgage & real estate broker, developer, project manager, STR owner/operator/manager, international investor and beyond. 

Many builders would not want to begin building on top of previous work, especially if it's sub standard.

Hey @Adam Hoeker some my clients use QuickBooks, and it is definitely a great and industry standard accounting tool.

Section 8 can provide a steady and reliable source of income from government-backed rent payments, but with that said, make sure to do your research on the local market to ensure demand, and be prepared to meet the property standards required by the program.

You can also use a standard board of realtor lease template.