Hello BP World:My equity partner is my father.  We are going into business together to flip homes in FL and are looking for some advice.  I am setting up an LLC, and he is planning on investing in my LLC as a minority...

My business partner and I have been purchasing residential rental properties in Topeka, KS for the last 13 years.  We are very interested in purchasing a smaller MHP +/- 30 pads in the KS or MO area.  We are also inte...

Hoping someone might be able to suggest ways to solve the following tax question:

My business partner and I have an LLC that we have bought a rental duplex, with the aim to buy several more. In order to build...

I own & manage a Rental Office Building & have a LLC to manage all related affairs.Can my LLC open a Individual 401k for retirement savings ??Thanks

Ok BP nation, I need pros and cons, the good and the bad, from the experienced and new guys. I have recently made the decision to leave my profession and go all in w/ real estate. (Woop woop!) I haven't turn my 2 week...

Question: Can a partner, using their own personal funds, who is on title as tenants in common with a partner that used SDIRA money to fund a rental property, manage and maintain the property for a fee? (Partner is lic...

Hello, I am a new out-of-state investor in Cleveland, OH for a couple duplexes to get my feet wet. For the Shaker Heights area it looks like you need to designate an in-state agent, per Ohio law. So I would need to fi...

can I buy out my membership interest in a multimember llc with my self directed ira funds?

Hello all. I am a new investor and I have always had 2 intrests before becoming an active investor. The 2 intrest were single/multi family buy and hold rentals and self storage facilities. I am 25 years old and I have...

Hello:My tenant paid six months of rent as a lumpsum amount. I own a business checking account to manage rental income. I do not have any imminent capex or big ticket maintenance items (fingers crossed!)What would YOU...