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Pros and cons of having my properties under an LLC? I would like to know about your experiences and learn from them, should I transfer my properties to an LLC? If yes or no, why? Thanks.
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Hello everyone! My name is Ross Hartman and I am a new real estate investor that is seeking advice on ways to start up my investment career. I am a current freshman in college at Mercyhurst University in Erie, PA, and...
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It’s been a long time coming. I think I joined BiggerPockets back in 2015 and I might’ve found out about the podcast around the same time. Even prior to that I’ve always had an interest in real estate because I’ve alw...
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Hello fellow BP friends!Just agreed on our first residential SFP and waiting for the closing in mid-November. Wondering if I should buy it through our newly setup LLC or buy it under our name.Background:-we are both ...
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I am a critical care nurse practitioner who understands the potential behind real estate. I've learned a lot from the first house I bought low and remodeled over 5 years and made a good profit from. From there I bough...
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So I am thinking about selling shares (in the future) of a vacation rental property I intend to buy very soon. I am wondering what the tax implications of this are? I intend to hold it in an LLC in the first place and...
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Hello everyone! Let me start out by stating how glad I am to have finally pulled the trigger on a BP Pro membership!The information on here and investor tools can really accelerate your business to the nest level. Hon...
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I've read a lot of about how it's a good idea to pay off your current debt before moving forward with your investing career. I've also read a lot about how you need to pull the trigger on your first deal as soon as yo...
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Hello BP!My mom owns a student rental in Mayaguez, Puerto Rico, walking distance (5 minutes) to the university (UPRM). I lived in it while I was a student and my mom is now considering selling the apartment. I have a ...
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Wow.. What a day..
Dow drops 997 points, and closes almost 350 points down..
So much for 11,000 being the new floor.. that floor disappeared in the last few days..
They claim there was a faulty stop order in that cau...