We just set up our LLC in Illinois to flip houses.  I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership.  I'm all for S-corp except for the requirement ...

Hello all,I am going to sell my house this spring and when i do the math the commission is going to be around $45,000. This is the first time i am selling a property and it just seems a huge sum!. i can find buyers fr...

Cannabis, hemp or CBD projects, indoors or outside?

Alright guys, I just got my current property under contract today and I starting my first real investment property the end of this month!
I sold my current property for a considerable amount less than projected, due t...

Hi BiggerPockets people!I would like your advise and opinion on the following:  should I extend my lease for another year in my current apartment or for only six months before buying my first home?  If my husband and ...

Hi BP Community, I am looking to buy my first real estate investment property. I am in Massachusetts but will be investing in Florida. I am pretty set on a county but I wanted to drill in further to see which cities w...

Hey BP,So I really want to get my feet wet with marketing to property owners of off market large apartment complexes. Obviously, most of these assets are owned by LLC's, and I think its safe to say that LLC's are a li...

I've been investing and managing properties for two years here in Dallas. Most of my experience is in residential. I do own an 8 unit apartment, which was a huge learning experience for me. I knew nothing when I pu...

Investors...not sure how to advise my client. Looking at a home listed for 650kish 2500 sqft and a 4/2.5....Huge lot 10k sqft. Comps selling for 680-750k with less beds (3) Sqft 1300-1800 with lot size of 8kish (Hope ...

It just sunk in for me. Can someone with closer ties to taxes verify this? I saw this Forbes article which states: "Trump has proposed cutting the corporate tax rate from 35% to 15%. Significantly, this proposal would...