Brian Hinkle
Merger of Entities
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Alton Bell
Needing to speak with a CPA
Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...
John Kaspar
How do landlords pay themselves?
So, long story short....how? I'm close to closing on my first property and realized that I haven't heard about this in any of the podcasts. So, that being said. HOW does a landlord pay themselves?
Robert Huizar
Created 2nd LLC, whats the proper way to fund this? (Details)
California LLC. Business established Jan 2018. My partner and I started off by forming an LLC but quickly learned that we should probably have a passive and an active income LLC. We have already poured our funding ...
Kyle Kyzer
Building Structure vs Building Systems
Hi All,I got recently received this email from my CPA:"The new [IRS] regulations break apart building property into a 'building structure' and its 'building systems' for the sake of the improvement rules and say that ...
Pat C.
Finance a property for personal use that my LLC owns
Hello fellow BP members!I'm currently trying to figure out the best way to finance a SFR. Here is the scenerio....an LLC that I am a member of purchased a single family home with the initial purpose of a fix and flip...
Justin Goodrich
Tokenization of rental income
I've been thinking about an idea and I wanted to post it on here to see if it would add value in any way. If there was a platform in which you could issue blockchain tokens (Ethereum, Cardano, Matic, etc), with basic ...
Jay Chang
506(b) Foreign Investor
Let's say I'm creating a 506(b) to syndicate a deal to buy apartments. Is it practical to open it up to foreign investors? Assuming I have just (1) one investor from Canada. What's the additional cost for just one (1)...
Pat Bahn
if your IRA buys a quadplex and you end up renting a unit?
i know the general rule is if you receive benefit from the IRA that's a taxable distribution, but what if you are paying the IRA fair market value?
essentailly i'd be paying rent to my future self...
Levi K.
Down Payment - Rollover IRA or HELOC
Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...