I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...
Hi , I'm new here, i'm french and i need some advices regarding liability insurances : I'm just about to buy a property near Birmingham Al (closing next week ) to rent and i would like to protect myself as much as p...
If you took out a small biz credit card with 0% interest for 12 month in order to buy things for a start up and floated the balance until you start making income to pay it off does it hurt your credit rating?
EX...le...
Hey all,
I have an LLC and I was taking over a healthy sized real estate syndicate (Realty Shares) holding. I have the forms to fill out, so it becomes under my ownership but my debate is between doing it under my p...
Hey all! I'm wanting to get into multi families but I need some capital to do that. My thought is to do flips to fund multi families in the future.Do you guys suggest an LLC or a S Corp for house flipping? Should I se...
I have seen a lot of posts on BP Forum regarding transferring a rental property from your personal name to an LLC and have searched the forums in the past trying to gather information. I haven't run across a post with...
Hello there,
I am a beginner at this, and thought someone might be able to help me with a few things. To give you a perspective on where I'm at: I'm 22, my wife is 20, we live, and work, right outside of Madison Wis...
Hi BP!I'm new to investing and have joined my local REIA. Learned a lot and have done some great networking to help me get into this business and learn. I came across an opportunity to work with another investor in o...
I appreciate responses about this. I don't want to get dinged next year or whenever if I need to pay sales tax. I mean, I have paid my income tax but pretty sure Massachusetts wants a piece of the action!
Looking for some insight, and I realize this may be a bit complicated for this forum, but as I am not a tax professional it may be an easy answer as well. Some basics…
My wife and I own a property with 3 STR on the ...