We (husband and wife) are about to acquire rental property and form our first LLC. From an asset protection perspective and a tax perspective, what are the advantages and disadvantages of choosing a member-managed vs....

Ok, so my parents just bought their first rental property and they just want me to take care of the management of the 3 units. They are held under an LLC that I am not a part of. Would it be illegal for me to manage t...

Hello Massachusetts / Boston Real Estate Investors,I'm wondering if anyone in the area has had success creating a self directed 401(k). I'd like to set one up so I can invest in real estate rehabs, and was hoping to g...

Hi BP!I've been building a multifamily portfolio in the mid-west to build passive cash flows. For whatever reasons, as I've been networking for deals and explaining my personal strategy, a few people have approached m...

I am currently offshore in the Gulf of Mexico for my job. I just joined tonight after spending yesterday combing through the threads and reading a bit. I am very impressed with the feedack and real cozy feeling of thi...

Hey Bigger Pockets Family!I am looking to begin my journey as a real estate investor in the New York / tri-state area. My first steps are geared towards learning more about the legalities and loopholes of the realty w...

Hi There,Just wondering if there is an advantage or difference between filing taxes using a Schedule E vs using a Schedule C.  Could someone please help clarify?Thank you in advance for all your help!Rich

Hi,I'm considering leaving my current brokerage, Sotheby's.  I don't feel like the split is worth it.  I've set my business up differently, so I'm not utilizing their services like the other agents.  I use my own bran...

hello bp!My name is Corey, and I just joined bp. I had honestly never heard of bp until about 4 days ago when my friend, who ironically happens to be a real estate agent in the Chicago land area told me about the podc...

It is clear that syndication is the way to go for large multifamily deals where you need to raise capital from a large number of investors (I've done it in previous deals).However, I'm interested in learning ways to s...