Ricardo G.
llc , gp, or c-corp??? I'll start flipping houses with 3 other partners what's the best way to set this up?
we will be equal partners all initially investing the same amount of money. I was thinking of going the GP route since we will all be managing the daily operations of the business in one way or another. but I woul...
Ben Capone
Setting Up a Property Management Company
Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
Aaron Friberg
How to Structure a Promote from a Tax Perspective
Hi all. We are doing our first flip where we are partnering with other investors. We've established an LLC. We found the deal and are managing the construction so the business deal is we take 25% of the profits off th...
David Doyle
Rob Swanson Instant Empire Builders Course
Has any one on BP bought Rob Swansons Instant Empire Builders Course?If so can you please give me an honest opinion ?I am considering buying it.Yeah I know at $977 its a lot of dough>[Why do all these things seem t...
Jackie Badiali
Do I need an Employer Identifcation Number EIN?
We formed an LLC for our real estate investment business. We heard you can get discounts as a business but you need an EIN#. Does anyone know the ins/outs of an EIN# and do we need to have employees in order to get one?
Joe Boggin
Philadelphia buy and holds
I own two properties in Philadelphia and I am considering purchasing my third property. All these properties will be in my name because I do not have an LLC form right now. These properties are in low income areas pu...
Joshua Ellis
How to pay myself
My dad and I are going to be purchasing a rental property soon under the LLC which he owns. What would be the best way for him to distribute my income to me. I want to be legal and also take advantages of the tax bene...
Michael Giaquinto
Start out with multifamily and take it from there?
Hello everyone. I’m new to rei and am planning to purchase a duplex or triplex when the opportunity presents itself. I currently have a basic strategy from the info I’ve learned so far on bigger pockets. So for starte...
David Wyatt
Beginning rural Texas investor
Im looking to start investing in rural homes. Buying under developed lots. Referbing and splitting out. Then prepping the remainder for a new site to sell with referb double wides.
Joshua Bowers
Claim depreciation on rental?
I’m trying to decide if I should claim depreciation on my rental property. The main reason I’m hesitant is that I’m currently a student in a low tax bracket and plan to be in a higher tax bracket out of college and so...