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Can a person use their LLC to run the day-to-day operation example, pay expenses, vendors, contractors, purchase supplies, receive revenue, etc., even if the properties are not owned by the LLC?Thanks
Hello Investorland!Does anyone have any tips for writing a comprehensive business plan? What to include, what not to include, how to format it, etc?Thanks!
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Looking back on my journey so far with real estate investing, I can't imagine how I would have survived without the help from this website, Bigger Pockets! I discovered the passion for real estate investing early las...
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I am new to the site.Whats best way to raise capital towards multifamily homes? I already own 3 but need capital to buy more properties.Im not asking familyI don't have access to LOC or HELOC.I am not borrowing hard m...
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Good Day All!My name is Matt and I'm glad to be a new member of this site. I see a lot of opportunities here and I hope to contribute as well as learn from you all. A little about me- I'm 27 years old and real esta...
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So, my wife and I have plans to tear down our current house and rebuild on the lot at some point in the relatively near future. As we think about our needs/wants and what we don't want, we feel we would benefit gr...
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2020 was my first year owning investment property. I would love to meet with and hire a good accountant and /or tax professional who specializes in real estate investing. Previously, I had always used TurboTax for my...
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I have two rental properties.I own a condo that I rent & I rent one side of my Duplex. Please tell me some tax write offs I could leverage.I
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Hello BP Team,I'm in the process of selling my 1st flip via my LLC. I do maintain records and receipts of all of my investment activity for this flip via excel. Trying to understand the Accounting/Book Keeping work n...
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Hi!So I am set to close in first rental property- but wondering if it’s worth pushing to close in this tax year? Can I write off closing and associated costs in 2019 if I haven’t had any income from the rental yet?Or...