Ryan Duffy
LLCs, Bank Accounts, and Self Management (STR Property)
Hi all,I am closing on my first investment property in the next few weeks (state of AL for reference) and would love a bit of advice regarding the best way to run the STR business. I am purchasing this property with a...
Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Scooter Williams
Asset Protection for $5MM + In equity
BP! I am a buy and hold investor that has only focused on growth for the past 7 years. Our defense strategy is pretty minimal besides insurance. I have about 40+ multifamily properties all buy and hold properties with...
Robby Nash
General Liability (2M) for a Residential Building Construction LLC
The GC in my company is having a hard time getting his General Liability Insurance renewed. Seeking help from the experts:
Who do you use for your GenLiab coverage? Do you have a GC you consistently work with? If s...
Ericka G.
Wealth Management for RE Investors
I’ve recently been exploring wealth management strategies/options to make sure our assets grow and are protected. The problem is I don’t really know what we should be doing to take things to the next level.
For thos...
Jay Matthew
Can a land flipper or homebuilder spend all profits on land to be held as inventory?
I'm new to business and seeking some clarity before consulting an advisor. Could a land flipping business or homebuilder (sole proprietor LLC) spend all profits on land to be held as inventory? Any and all advice is g...
Yi Chu
LLC tax and ownership questions
Can someone help me with the following two questions?
1) If you set up an LLC (with an EIN from IRS and approval from state) but it turns out you don't have any business during the year, how do you report that for y...
Stacy Cruz
Tax prep advice
I’m a new business owner and I’m looking for a new tax prep company for my business. I currently have legal Zoom and I been having a bad experience with them. The process of filling my taxes have been prolonged due to...
Account Closed
How can a financial advisor add value in this investor community?
Greetings BP community! I have been a long time fan of the podcasts and investing in SFH for about 4 years. My wife and I just moved into a duplex in east Denver and we are going the house hacking route. Thank you BP ...
Colby Meeder
Good CPA and Lawyer in Hampton Roads area?
Can anyone make a good recommendation on a real estate lawyer, business lawyer, estate planner or CPA in the Hampton roads area? Preferably in the Chesapeake or Virginia beach area. How about Las Vegas, Nevada?