Mario Richardson
Tax Professionals Recommendation
4 March 2024 | 8 replies
Your profile mentions that you ahve ownership in an LLC - WoodRich Hospitality Services LLC.If it is a multi-member LLC, there may be a separate partnership return required.If it is a services based business, there may be a benefit to operating it as an S-Corp to save on self-employment taxes.
Gershom Lewis
I am searching for a Mentor
4 March 2024 | 1 reply
The goal is to purchase more real estate (20+ doors) multi-unit apartment buildings, buy a few laundromats/business, and to create systems that does not chained to my desk everyday.
Ran Fridman
What program do you use for accounting and expenses?
4 March 2024 | 18 replies
I use it for multiple businesses so makes sense for me to purchase the desktop version.I always set up a bank account for each property (no matter the holding entity) so the accounting is easier to filter through.
Paul Lucenti
Philadelphia Tax Center + Eclipse issues
4 March 2024 | 4 replies
We did not file 2022 taxes, we were in business for 10 days and was unsure we needed to file (Currently Filing).
Erika Caba
When is time to give up on a multi unit property?
4 March 2024 | 11 replies
I go into a multifamily assuming it won't be cash flow heavy for 6-12 months until you finalize your business plan and get it stabalized.
Derek Madon
How to buy properties at auction (Broward & Palm Beach County FL)
4 March 2024 | 8 replies
I am a business owner in another industry, and looking to get into purchasing properties at the county foreclosure auction website.
Chris Seveney
Daily Dose of Ponzi Schemes
5 March 2024 | 6 replies
On the other hand, many sponsors get new business by word of mouth from existing investors (and want this to continue).
Patrick Braswell
Gaining knowledge to plan for the future
4 March 2024 | 2 replies
I’ve been handed the reins of a struggling rental business that had been in the process of selling off properties and dissolving.
Dan Hunt
what's best loan to purchase rehab commercial building for my construction business
1 March 2024 | 0 replies
I've found a building I have the resources to repair and rent and use a bay for the business.
Craig Clark
Personal DTI vs Business DTI (Helocs and Refinances)
1 March 2024 | 3 replies
Would the DTI of the business or the fact the Investors LLC operates at a loss on paper hurt the investors chances of tapping into the equity on the personally owned properties?