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Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....
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Hello BPers...
My name is John Elmenhe, I'm 15 years old and I'm going to begin investing in real estate the day I hit 18 years old by trying to wholesale properties. I'm going to begin working soon and I'm NOT goin...
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This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
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I'm new to REI but my professional training is in epidemiology and I'm happy to add value by discussing the outbreak. Obviously, we can't know what the future holds but there are some pretty standard principles in pla...
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I own my own business and was looking into possibly buying our office space. We are locked in to a very good lease (with 3 years left and a possible 3 year tenant option to renew) which is making it tough for our lan...
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Hey BP,I've read a bunch of posts, and listened to a few podcasts relating to whether or not you should form an LLC for a property. There are arguments on both sides, and I'm still leaning towards creating one. I gu...
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So, I finally decided to start an LLC. After much debate and discussion, I decided to use my local attorney to do it. I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...
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Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?In addition to ou...
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I am getting interested in learning more about the space and it’s options, benefits and possible growth potential.I currently focus on commercial multifamily properties, which is great and all, but I feel retail/wareh...
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I have heard real estate investors talk about win/win deals for years. What do they mean by win/win? Most investors know that if we are working with a seller, unless they are motivated to sell, we are unable to hav...