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Results (10000)
Greg P. Pay myself Salary will help qualify for 30 year loans? Advice please
5 March 2012 | 12 replies

Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...

Bienes Raices Comingling funds and LLC
23 April 2010 | 20 replies

Not asking for or expecting legal advice here, but I thought someone might know the answer to this.

If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...

Richard Petrocelli Should i start corporation or llc w/ business partner having $
12 January 2016 | 3 replies

Hi, I am embarking into the house flipping business in south florida.  I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories.  Not that ill be doing all or most...

Stuart Day Newbie looking for the right path
21 June 2021 | 3 replies

Hi everyone, My background is owning a small fine woodworking business and doing contract based creative direction for a niche corporate brand development firm. A few years ago I was unhappy with how much I was workin...

Theresa Perez Buying your own flip?
7 May 2019 | 12 replies

Hello !Hoping someone can help, I will ask mortgage company this week but hoping for some insight now; My husband and Father in law own a corporation , they have purchased a home to flip using money from a hard money ...

Rod Lloyd C Corporation for Rental property
30 September 2013 | 3 replies

I have been investing in Rental property for over 25 years and have been interested in forming a corporation to limit my liability, but my wife has always been negative on the cost of creating a corporation and a f...

Russell T. Should I put my paid off rental into a s-corp
28 March 2023 | 2 replies

I have a paid off house, should I put it into a s-corp? It’s currently making $42000/year. It has been fully depreciated. I’m looking for ways to save on taxes. 

Jesse Casillas Private Lender Contracts
19 December 2016 | 1 reply

Hey BP Community,We want to use capital from multiple private investors for the down payment on a multi-family commercial property but we want the property to be under our name, not the investors. How should we struct...

Reyna Lopez Will I qualify for loans if I leave my W2 and start a 1099 job?
1 June 2021 | 7 replies

Hello,I am completely burnt from corporate america and want to start a consulting job that may pay me more than my corporate job. My plan is to sAve a lot of money so that I can start real estate investment next year,...

Account Closed Creating a corporation and BLOC
24 March 2010 | 1 reply

I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...