Navid A.
What is my LLC classified as by the IRS?
I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
Christopher Keivit
Thoughts on Business Plan Objectives
Hi all - I'm a newbie to both investing and BP and have found a ton of great info here so far! I am working on the "Objectives" section of my business plan and would like some thoughts. Here is what I have: "...main...
Harrison Jones
Building a Long-Term Affordable Housing Strategy
Hey BiggerPockets Community,
I’m working with an organization that’s aiming to address affordable housing in a way that leverages time as a primary tool. Our belief is that real, sustainable affordability in housing ...
Jason Malabute
got property under contract and setting up llc
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
Tom Dittrich
Capital Raising Under Broker Dealer
Hello all,
My question is about capital raising and working under a Broker/dealer to sell securities in the syndication space.
First quick background. My pool of investors is 1500 physicians from across the US. I h...
Myeasha Jones
Finding a Broker
I’m trying to understand more about“In any state, a real estate agent must work under the supervision of a licensed broker”Approaching becoming a licensed real estate agent- How do you/ did you approach brokers? Do yo...
Brian Orr
I'm horrible at Accounting!!
And taxes!!I'm developing my strengths in estimating and budgeting, but I am so bad at keeping track of everything! Spending more time with my accountant trying to figure last year than I am working on any deals this ...
Nitin Gove
What are different ways to safeguard new out of state rental property ?
Hello Everyone, What are some of the things that you do to protect your out of state rental property in initial days after purchase ? Would love to learn from y'll.
Christopher Arter
Second home purchase and DTI
I bought my first home with an FHA loan. It was a modest 157k house, but I only make about 43k a year, plus I have about 26k in student loans and a 14k car loan, so my DTI is pretty tapped (I'm undoing and re-educated...
Angelo Davis
Wording for my lease to protect me if I'm paying water and heat?
I just brought my first duplex in Baltimore City, 21213 area that I'll be house hacking. I wanted to know what the best wording for my lease to protect me if I'm paying the utilities? I'll be paying for water and gas...