Okey Anebere
Tax advantage of my own property management company
I am researching the tax advantages of started my own property management company to manage my rentals. My current plan is to create it as a LLC taxed as a S-corp and pay the company a management fee to manage my long...
Scott Isley
Building the Team in Nashville
Once again I turn to you BP Community,
I'm developing my team in Nashville and need some quality referrals.
Can you recommend a great RE Attorney, CPA and Property Management Company that you trust and ...
Mohabub Miah
Buying multi unit property under a corporations
Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to ...
Elijah Batkoski
Looking for CPA in Raleigh/RTP Area (Zebulon)
Hello,I made my first purchase back in July.Just getting a feeler out here to see if anyone can suggest or if there are any CPAs/tax professionals on here that I could have a meeting with.Haven't decided if I'm going ...
DAVID GAGE
Better to borrow from Bank or 401k?
Looking to borrow about $20k to help with the purchase of another rental property. I have the ability to refi one of my houses or I could borrow from my 401k. Not sure of all the details about the 401k loan, I do know...
Erik Anderson
Multifamily Deal Analysis
Howdy,
I am in the infancy of my Investing career with a 10 year background in Multi Family Housing Management.
I have a deal I am looking at and would love some discussion with anyone willing to lend eyes or that...
Jose Tamayo Jr
Our Second Home is a home run but it didn't start that way!
Investment Info:
Single-family residence buy & hold investment in Simi Valley.
Purchase price: $535,000
Cash invested: $85,000
We Sold a mobile home that we purchased for $74,000 back in 2014. We...
Jeff S.
Cash-out refi big box bank lately?
Trying to pull cash out of an owner occ rehab from Wells and it is insane. Having to answer questions about all my deposits (letter of explanation) and even want to know about small grocery reimbursements to GF.
...
Elaine Chen
Tax Q: How to file when parent holding LLC is in different state
Hi, newbie here! My partners and I formed a parent company in WY and a subsidiary llc in Ohio to purchase a real estate investment property (where we purchased property in 2021). All we had in 2020 tax yr was fees to ...
Nikia Johnson
Reporting Bird Dog Payments
Hello all, I am looking into paying bird dogs for fees for leads closed but I want to make sure I am handling it properly. I would assume they would need to be 1099 for that income so that it is not viewed that they a...