Aditya Maini
Help with first deal: House hacking townhome
Hi everyone,I saw my first 4 properties yesterday and I liked the following townhome the best. I don’t want to jump the gun on a property. Is this property worth it? It’s in the northern Virginia area. It’s a 3 bed/2 ...
Leon Doucette
Canadian business entiy
Hello BP! So glad I embarked on this real estate Journey. At this point in the game I am looking to learn as much as possible about the right business entity for my situation. I have found a partner who I have worked ...
Jamie Douglas
Advice on partnership structure
I have a few rental properties that I manage myself and have recently started buying foreclosures at auction to rent and hold. For me, the goal has been all about long-term investment and cash flow. I've been doing t...
Luke Carl
Airbnb 1099 and Schedule C
I've posted this question on the Tax forum and it seems to be a gray area. We've managed to scale the business pretty quickly this year to 5 STRs. Cabins in the Smoky Mountains. Pigeon Forge and Gatlinburg. I'm likely...
Rodrigo Viei
What type of business entity for wholesaling?
What type? I know most experienced wholesalers in this board use LLC, but for a newbie like me that is just starting, is an LLC that important? A wholesaler that does very good in the business told me a DBA will do fo...
Eric Braxton
CPA Question: Tax benefits for LLC Location
Hi all CPAs/tax professionals, quick question. I just closed on my first 2 SFHs in Virginia. I live in New York. I was speaking with a lawyer about setting up an LLC in Virginia but he asked me this question“Before we...
Account Closed
LLC vs. Personal Name
hi, I am about to buy my first investment property. I'll be getting a mortgage on my personal name, however i am considering to put the actual ownership of the property on an LLC, will that give me any protection i...
Changseok Kim
Question regarding LLC structure and liability protection
Hi BP members, I have not given much thought about liability protection until now, but I recently started reading books written by Garrett Sutton, and cannot help having questions. (1) Does Michigan afford charging or...
Account Closed
LLC or not?
So me and two of my friends are going into REI together. We plan on purchasing multi-fam units and renting them out to people. By the end of this year, we plan on having two properties; one we live in with an FHA lo...
Otis Sutton
Turnkey Rental Income Properties
Anyone have experience buying turnkey rental properties? Are they honest properties and can they save time from flipping a property for rental income? Any and all info on these properties is helpful. I'm looking to...