Ryan Fisher
Protecting Assets
Hey guys,Trying to figure out if my two partners and I should form an LLC for the deal we are currently in escrow for which is a 4-unit cash flowing property. I would be fine without an LLC but both of my partners ha...
Joe Wood
Switching to multi member LLC
My accountant told me to switch from a single to multi member llc for beneficial tax purposes.
I was planning on adding my wife. The problem we have now, is we are applying for a mortgage in her name only. The one pro...
Joseph Humphreys
Moving Personal Property to LLC
A family member has bad credit and around 380k of debt he needs to pay off. However he only owes 150k on his mortgage and the house is worth anywhere between 750k-850k. Is it possible to start a LLC with this family m...
Travis Olson
Set up LLC for first deal?
I want to buy my first duplex with 2 other partners. Should we all as individuals buy duplex's using FHA loans or buy a duplex under an LLC? If we all buy as individuals under FHA, can we sell the properties to our ...
Roberto Jones
Scott Meyers ????
Any info on Scott Meyers Self Storage program?
Is his partnership with students any good????????????
Julio Gonzalez
Have you considered a 721 Exchange rather than a 1031?
Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...
Shaun R.
Asset Protection & LLCs
Hello Everyone. Forgive me if this has been covered, but I am a new member. I have a property that is personally owned (by husband & wife) and mortgage free/unencumbered. The property has increased in value sub...
Lauren Gilliard
How Do My Partner and I Both Have Visibility To Profits/Expenses?
My investing partner and I both have our own separate LLCs, but we want to partner on a deal 50/50 and both have visibility to the all profits/costs/expenses in the bank account. Is it best to create a new LLC/LLP for...
Austin N.
No Passive Loss Difference for Single or Married
From my research, it appears that a single individual can write-off $25k in passive losses for non-real estate professionals if their AGI is less than $100k. This benefit is phased out to 0 as income reaches $150k. I ...
Adam Barr
House Hacking by Proxy?
Hi, I'm new to BP... still very much in the "gathering information" phase as I learn about real estate business models and investment strategies. I'm active duty military, and any near-term investment strategy I pursu...