Hey BP Community,

I’m curious about how much other real estate investors are paying for their tax preparation services and accounting. Specifically:

1. Tax Prep Costs: What are you typically paying for tax pr...

Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...

We are new investors and are looking to set things up the right way.  Our plan is the buy one or two properties a year.  After talking to our accountant he recommended that each property by under its own LLC to protec...

Hello everyone,I am Abhijeet , recent grad from UIC and currently working for a healthcare company in Chicago.I have always been interested in investing in real estate but never had enough funds and knowledge to start...

I am looking for a few people that have partnered with Kris Khron on Single Family. Would love to hear how it went/is going. I know this has been discussed in other posts but they seem to be full of opinions and not ...

Hi All,

Just discovered this wonderful forum and am doing loads of research based on the questions and replies. Currently, my sister and I are members (foreigners and non Americans) of an LLC which hold land ...

Hey BP folks!  I bought a single in 2020 for 175k (almost doubled in value since) and a condo a year later (50k equity built).  I’m self employed, my DTI is gonna scare away any bank and my liquid capital is minimal. ...

Hi All! What is the easiest way to set up a company that limits liability? There are many different methods and people talk about a lot of different things here. The most common answer is to have a LLC for each house ...

Hi all.

We are in the middle of a 1031 exchange currently. To statisfy the same taxpayer technicality we opened a single member LLC that is disregarded for tax purposes. However, now without an EIN we are having trou...

How do other investors organize banking transactions with multiple properties (single family, duplexes, 3/4 units)?  Do you set up separate business checking accounts for each property or property class or do you run ...