Emilie Pa
Which professional to contact for transfer of property
22 October 2024 | 7 replies
@Emilie PaThe answer may be a bit more involved than you're aware, depending on if your language of the company "selling" to you is correct, or whether the company is dissolving and distributing its assets to the shareholder.
Ryan Miehm
Best way to fund renovations on a flip project
22 October 2024 | 19 replies
It is not a distribute if setup the correct way.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
Then, when you distribute dividends to yourself, you must pay taxes on those dividends on your individual income tax return.
Jamie Stone
Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.
John Carr
First Time House hack, Do I need more help then my HR Block tax person
23 October 2024 | 19 replies
So if you have a business entity other than a sole proprietorship you will file that business return and receive either a K-1 distribution or pay corporate taxes on the profit.
Larry Caper
Structure for Raising Capital without Broker-Dealer
23 October 2024 | 18 replies
How is the acquisition fee distributed if no compensation should be tied to the amount raised?
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Due to current market conditions and unforeseen financial challenges, we havedecided to temporarily suspend distribution payments.
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
20 October 2024 | 8 replies
Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
@Tanya Maslach,When you take a distribution from an IRA, you are subject to ordinary income tax, plus penalties, if you do it before reaching retirement age.
Stewart Morrison
Partnership return structure
16 October 2024 | 1 reply
We are working out how to fairly distribute the cash flow so everyone is compensated.