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Results (10000)
Doris Jin Huang 100+ year old houses in Lehigh Valley, PA
1 June 2022 | 5 replies

We are looking at some very old houses (built between 1870-1900) in Lehigh Valley, PA. I generally don't think old houses are necessarily a bad idea for buy and hold, but depending on the way they were built & mat...

Terry Sweeney Starting a new partnership
15 January 2019 | 5 replies

My business partner and I have found another investor interested into going into business with us. Although we would prefer to use him as hard money lender, he would like to purchase rentals with us instead. How shoul...

Andy Mirza Biggest Lessons Learned from 2020?
29 December 2020 | 3 replies

What were the biggest lessons you learned from your note investing in 2020?For us, these were the two biggest:1. The structure of our funds led to our ability to withstand the extreme volatility and effects of the pan...

Paul Cijunelis S-corp vs LLC in Illinois
16 December 2015 | 9 replies

From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.

I am forming a partnership (two people me a...

Steven LaBoy Inventory included with property
17 July 2023 | 0 replies

I have a seller that wants to sell his property, 3.3 acres which includes a house with two units, and three structures/barns/garages converted into businesses. He rents out two and converted one into a hardware supply...

Ben C. S-Corp vs LLC taxed as an S-Corp for flips?
30 March 2017 | 5 replies

Hello everyone!

I have a two pronged question...

Can you explain to me the difference between having an S-Corp vs an Llc Taxed as an S-Corp?

Lastly, I know some people simply say have a new LLC for every single fl...

Eric M. Real Estate Attorney vs CPA vs Online Sources for an LLC
5 September 2020 | 6 replies

Hello Friends,I have been looking into creating a Holding LLC.  Any thoughts on using a Real estate attorney vs CPA vs Online source, doing it on my own?  Also, any recommendations in the Georgia area would be very he...

Tyler Duzick Investing with an existing business
19 December 2019 | 5 replies

So I own a business in the state of florida set up as an s corp. My question is could I use that structure to invest in rental properties out of state? I dont want to just invest as me personally without structure (li...

Calvin Schmeling How would I structure my llc?
13 April 2022 | 6 replies

I have a good understanding of having each llc under a holding llc. But I plan on doing a few deals with my cousin to start off but I don't know if I would partner with him on every deal the rest of my life. Would we ...

Karen Margrave Partnerships and Compensation
24 July 2013 | 9 replies

Everyday there are questions on BP, and I've been messaged, regarding various compensation to be paid to others, especially those with larger businesses. Here's a sampling. So please, weigh in:

For those of you in pa...