Jeremy Cohen
Private Lending, Hard Money, Traditional or Transactional?
Hey BP,Hope all is well!I realize you all are very busy and you have a lot on your plate. Your time is your most valuable asset you have and I respect that. I wanted to personally reach out in hopes that someone would...
Kurt Schmid
Company Name
How important is it to have a company name to put on your business cards and letter head? I don't actually have another entity formed but I guess I could use a name if I need to.
Do you find more success using anoth...
Shawn Abadie
Estate planning w/ business involved
Hello,I'm posting for an extended family member who is going through a trying time and I think he has gotten some bad / incorrect advice. My aunt and uncle are elderly, and have reached the point of requiring 24hr in...
Brian Falcon
Beginner business setup question
I've been listening to a lot of BP Rookie podcasts and many folks on the interviews say they buy all their properties in their personal names (single- 4 plex types). Then some also say "I reinvest all my money back i...
Chelsea Ross
Tax Consult Needed for Flip Closing on Tuesday!
I am closing (selling) my first flip on Tuesday. I purchased the SC property though a NC based LLC. The closing attorney sent me a SC Transferor Affidavit Tax Lien Inapplicable form to fill out, for which I must eithe...
Danny Cerecedes
Forming an LLC
Has anyone formed an LLC using the Nevada Corporation Headquarters. I'm looking to create one there for the corporate veil protection but I've never done one before and I'm hoping for any insight BP has??? Specificall...
John S.
Is this the proper way to run a portfolio with multiple LLC's?
Hello everyone,
I'm a single investor with no partners.
I started by placing my 1st rental property into an LLC (for this example, *JOHN SMITH PROPERTY INVESTMENT, LLC*).
I just purchased a 2nd rental property l...
J M
LLC's & Corp's
Hi, As I'm still trying to educate myself on these things can someone please help out whilst I wait for the mailman to deliver some books on the topic and before I see an attorney/CPA.
After reading many of the post...
Account Closed
Asset Disclosure
A hypothetical for the group...
When applying for funding, do you disclose all assets?
Julio Gonzalez
Tax Planning Considerations with the New Bonus Depreciation
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...