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We are actively pursuing the purchase of our first STR with a plan to add more. We've been advised by our accountant that each should be purchased in the name of an LLC to protect our assets. The STR experts here advi...
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My apologies if this has been asked a million times. I searched the forum but couldn't find a relevant thread.
My question is for the the buy-and-holds. What do you do with your rental income? IE; how much of a reser...
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Im from long island new york started this bigger pockets and real estate journey 6 years ago, cant believe I remembered my password which im very glad because you can read my past discussions from when i was younger a...
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I looking at to get started on a 5 to 6 month rehab project with a high pay out at the end. If I needed to, and as long as the 401K allows lending against it, would I be able to use a 401K loan as a bridge loan for ab...
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Hello BP,I am a new investor and just recently went under contract for my first flip property. I set up an LLC, and it will be buying the property. I also just opened up a business bank account. I have about 35k in...
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Do you need an LLC to wholesale in Arizona? Moving back in the spring ....
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Hi All, Just looking for some advice and recommendations for an excellent CPA. I purchased my first fix & flip in March this year in Charlotte, NC. Purchased all cash from a wholesaler. After reading various sourc...
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I am looking to refinance a property I purchased with my LLC with a Hard Money Loan in March 2017. We want to live in the home. (Currently Renting elsewhere)
We have renovated the property and it is now worth about ...
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This is a question that I'm probably overthinking (since I like planning I do that often), but...Investors that are also Realtors - how do you get paid commissions when you sell or lease a property (including ones tha...
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Good morning, currently marketing for a new tenant and received interest in having the unit subleased as an Airbnb. Has anybody seen this before in the SLC area? Pros and cons? Is it legal? Thanks in advance. The unit...