The buyer is very much interested in purchasing a $950K home in the Northern Virginia area. They are seeking private investors for financing. He is a physician with great income, a 5% downpayment, and had filed bankru...
I need some advice. After a lot of contemplation, I've decided forming an LLC would be best for my business.My original plan was to name my LLC: Peracca Enterprises, LLC, and file a DBA for Chicago Home Buyers. When I...
I have read a lot but am still unsure. I live in California, investing in Florida. Which state to register LLC in?I will be flip and sell and flip and hold. I have a regular w2 day job making 90k.How will LLC help my...
So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now...
Hey BP! My name is Fredrick, I'm 23 years old and currently serve in the US Army as a Computer IT Specialist. Ive been interested in learning how to invest in real estate for a few years now. One day i was watching Yo...
This is my first year filing taxes with rental income. I have receipts from all of my expenses through the year and documentation for all of my income. I’m wondering how to I organize/package everything together to tu...
I am preparing bids for properties coming to auction and I would like to be able to send one document to my investor with all the pertinent information on the property. For example the web page of the property record ...
Hi fellow investors -
I recently conducted two cost segregation studies on my rental properties. I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or h...
Started a new LLC in October, I have accrued a lot of expenses but no income. Should I file taxes with a CPA or am I ok to file taxes this year on my own?
Last few LLCs I’ve had made has taken up to a month with my lawyer. She’s great but this seems slow. She says it’s the state? (Maine FYI) Looking to get another one formed but wanting to know if there is a faster way?...