Brandon Turner
A New BiggerPockets Moderator - Welcome Karen!
15 February 2013 | 37 replies
Over the years, Karen and her husband have developed general offices, medical offices, multi families, office parks, office/retail condos, medical/dental clinics and a residential subdivision.
Joffrey Long
Hard Money Loans: California / U.S. - What's Covered?
7 May 2013 | 4 replies
What the money will be used for - is it for consumer or non-consumer purpose?
Larry K.
Have interest from private money...Now What?
15 February 2013 | 4 replies
This will only work for friends and family who trust that you aren't going to bail on them.For non friends and family investors you can go through the LLC route, although after trying this a few times, I will never do it again.The other route is to offer a private placement.
Sean Brennan
Should a trust be used in a wholesale transaction
16 February 2013 | 8 replies
Using a trust vehicle eliminates any non assignability issues, and avoids additional costs with a double close.
Steve K
Community Initiative Program - BOA?
18 February 2013 | 3 replies
As best I can tell they give grants to non profits in the form of property and cash but i'm not really clear.Anyone heard of this before?
Tom Kerwin
Help understanding what options exist for 2012 taxes
7 March 2013 | 14 replies
The LLC will actually have no effect at all on your taxes, unless you elect unusual tax treatment.
Sean Brennan
How do you name your LLC to add the most value?
23 November 2013 | 62 replies
Generally, all non-rental income is not subject to SE tax.If it is multi-member and no election is made it is taxed as a partnership.If it is single or multi-member and Form 2553 is filed it will be taxed as an S-corporation in which distributions may be made and not necessarily all income will be subject to SE tax.If it is single or multi-member and Form 8832 is filed it will be taxed as a C-corporation which is taxed and dividends will be taxed personally as well.
Fabian Johnson
Can these deals really be put together in Phoenix no money down
17 February 2013 | 6 replies
For those wanting to use your management expertise or non-dollar contribution, you just need to be able to show the market value of that contribution, is it reasonable and is your expertise valued by your opinion or would a court agree with your valuation?
Shane Johnson
Contract For Deed "sales pitch" to seller
20 February 2013 | 10 replies
Here are the Pros I have thought up so far to pitch: Interest earning aspectCash down up frontshort term - say 3-5 year balloon for example higher offering price compared to short sale offerclauses in contract pertaining to non payment etcAnyway, if you guys and gals can offer other ideas for a proposal to the seller that would be great.
Michael Ting
New Member Chicago
18 February 2013 | 8 replies
I will be finishing 4th year medical school and becoming disillusioned with medicine.