Kevin Driggers
Bank account and Federal Tax ID #
I am new to Real Estate and want to do this as a business, my question is do I need to get a business account at my bank? Do I need a Federal Tax ID # fron the Government?
Account Closed
Best entity / tax strategy for building and selling real estate
Hello All,i'm about to close 2 parcels i plan to build in the 2 - 3 next years.I would build as GC / owner builder. Project budget will be about $2,000,000 What do you guys would recommend as tax vehicle for this inv...
Stephanie Cessna
Can I write off my education?
I am brand new to the investing game and have been working on developing systems and educating myself as much as I can while I am actively seeking out rental properties. I have yet to form a sole proprietorship or an ...
Account Closed
Cash flow or/and personal home?
Hi BP! This may be a long intro post, so stay with me here! I'm looking for some honest and thoughtful feedback from some like minded people here.I've been looking to start RE investing for a couple years now, but e...
Jack Exum
Real Estate Agent- Transition from p/t to f/t agent
I have been in education for 22 years (full-time), and a real estate agent for 2 years (part-time primarily). I got out as an agent due to some family issues and get back into education out necessity. Now my family si...
Robert Fernandez
Tax Strategy, Construction LLC?
I'm a newbie investor in the Baltimore market, and am fairly hands on rehabs and construction process. I plan to act as the General Contractor, sub-contract some rehab work and take on some myself to keep my rehab co...
Samuel Hoston
LLC or Sole Proprietor
Hi guys which is better for residential real estate investing, invest as individual, LLC, or Sole Proprietorship?
John Romero
Starting out with a Plan
Hi All,
I guess you can say I have information overload!! Been reading tons of forums, blogs, and articles here on BP. I have a few questions, maybe someone can help with the answers...
1. How should a beginner ca...
JaMario Price
*New Investor Looking for guidance*
I have a property that I am looking into for owner finance. The property’s ARV is $200k. He wants $150k. Repairs would be $15k.Rents are conservatively $1350/month. I want to buy the property and fix it up. I’m trying...
Austin Schneider
Buying a cash flowing condo that can't be financed in the longrun
Hello! first time poster and new-wannabe real estate investor. My question/situation... I have an opportunity to purchase a condo -- but it's in a complex that's "cash only" because banks don't fund in the complex due...