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...

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...

In the past I've held properties in my name and received rents in my name at a generic mailbox and never had a problem.  Also, I have umbrella policy that covers additional liability exposure for my properties.  Now I...

I own one duplex held in my name and will be buying more soon. How do you set up your business? LLC for each property? One for all properties? None at all, just a good umbrella insurance policy?

How about banking? ...

I need help figuring out the best way to structure my rental business. I've called multiple lawyers and really gotten no where. I own a property in FL and one in PA. I live in SC and move around often. So this is caus...

Would like to know about starting an Holding comany LLC and what types of companies and structure I should consider. I am primarily interested in investing in land and businesses in Central America. Does anyone ahv...

Hello All,I'm new to BP and went Pro this week.  I've been lingering around REI for a couple of years and I'm now in a position to get moving on it.  However, before I just go and buy my first property, I need to figu...

I own a rental property with a business partner, and we plan to buy more soon. We need to set up a business structure, whether it be a General Partnership, LLC, LLP, C-Corp, S-Corp etc. What do you guys think the be...

Hey guys! Im searching for referrals to a solid Attorney to help with asset protection strategies and entity structuring. Trying to make myself and my plan "bulletproof"Id appreciate any references! Thanks :)

I'm a young professional on wall street and expect to work significant hours (i.e., will have limited free time) for the next decade or so. In the time I do have, I'm interested in supplementing my primary job income ...