Kyle Davis
How much cashflow or flipping profits do you keep?
This is a two part question, I'm curious to know how both buy and hold and flippers distribute their cash flow or profits to themselves.Scenario #1: Your a house flipper, you finish a project and profit $30,000. Of t...
Account Closed
Need Advice about LLCs - foreign vs. domestic (CA resident)
Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.
I want ...
Michael Lipsey
How to find a reasonable/knowledgeable Real Etate Attorney
I just purchased my company name and business information through legalzoom. Right now I'm currently looking for our first property but I first am looking for an attorney to have for the company. Everything is start...
Nicholas Alves
Buisness Trip Write Off Technical Questions
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
Alan Howard
Is it best as an LLC to be taxed as a partnership or s corp?
Hi BP family, what is the best taxation status for an LLC with 2 members, s-Corp or partnership?
Patrick Peterson
What are some Business Loan Prerequisites
Hi, I have a seasoned (over a year old) business and have been told a good way to get funding for starting my real-estate journey is through business loans. I do not know if my business can qualify for a loan because ...
Vida Lolitaa
Real estate business investment
Hi,
I am looking to buy or build a small home with a business below, in the most cost efficient way. I was thinking using shipping containers or someone mentioned modular homes. I would like to know what are the bes...
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
Hey BiggerPockets Community!
I’m excited to share a bit about my experience purchasing and operating a laundromat. I’ve seen a few questions about laundromats as an asset class, and would love to share what I’ve lear...
David Piqueira
Choosing a State for LLC Incorporation
I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....
Binny Mundra
Books on how to buy businesses
Hi folks, I wanted to reach out here to see if anyone has any books you could recommend on buying a business. While there are tons of books that I’ve read about real estate, I want to know if anyone can recommend a bo...