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Hi BP - my partner and I have a LLC set up. Our attorney and CPA said that we will have to file for taxes as a partnership but I have been reading up that taxes are pass through? We are a 50-50 partnership with the op...
I thought the marketplace would be my favorite feature on BP a virtual mls for the USA with plenty of offerings,investments,situations,etc that one cant find anywhere. I have been so far disappointed. Many just rehash...
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Basic point of the meeting is what my best route to go to protect myself once I start rehabbing. LLC, S Corp, etc etc...
Any reccomendations on questions I should ask?
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Do you need video production for your Los Angeles commercial multi family real estate company? I am a cinematographer who fell into house hacking and is hoping to add value to an investor’s business by shooting videos...
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Hey guys
I'm looking to invest with a company that finds and sets up huge multifamily deals. Then gets investors to put up the equity for the down payment. The company is called Creative Realty Partners.
Does anyon...
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Anyone have a bulletproof exit clause to add to a standard purchase agreement? (not related to financing or inspection).
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $270,000
Cash invested: $54,000
I purchased six doors in March of 2022 - my first multi-family purchase. Tons...
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So my wife and I have made the decision to start a real estate investing company. I have done tons of research and so excited to get started. I have a few questions below, please give me some feedback ! 1. Is it a sm...
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Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties? The IRS believes you can't ac...
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Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...