Hey Bigger Pockets community!
I'm thrilled to be part of this amazing community of real estate enthusiasts, and I'm seeking your collective wisdom and expertise to help me navigate a crucial decision for my new real ...
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
Hi, Bigger pockets family!
I will keep my questions short and sweet.
I am going to purchase my first out-of-state investment property and I want to know how should I structure my LLC. should I create an LLC in...
Nothing should hold a potential investor back from the first deal if the numbers make sense, resources are available, and they have a team they trust in place--I get that, and I am moving. But for those that are a lit...
I am investing in Michigan. My questions are as follows:I have an LLC. Should I purchase properties in my business LLC name or should I purchase each property in it's own LLC name and show my biz LLC as the owner th...
Hi All,
I originally posted this in the development forum but maybe it's better suited to this forum.I'm transitioning from buying and holding small
multi-family properties to doing condo conversions. I know that, ...
I'm looking for some pointed advice and am hoping that someone in Philly has had a similiar experience. We started in real estate a couple of years ago and due to our inexperience we decided on an ultra conservative s...
Hi everyone. I've read a lot about the many tax deductions you can write-off with investment properties (ie: depreciation, travel, cell phone, repairs, home office, property mngt to name a few). Do I need to establi...
Greetings- I’ma new investor and I’m trying to set up a business a plan/structure. For example, should I open a bank account under my LLC? I’ll be doing brrrr deals and flips. How are structuring you’re real estate bu...
What is the normal percentage for a managing partner in a Flipping/Rental business? Me and my partner currently flip and invest in rentals but I manage the business 100%. We work together on the rehab portion and spli...