Hi BP community! I'm someone who is starting out in Real Estate Investing this year and looking to this awesome group of knowledgeable people for some advice on what type of entity to establish - an LLC or corporation...
I am an investor who is in a higher tax bracket. I am working with a tax attorney who is advising me to form a C corp. I can do my flips and wholesales through the C corp and lower my effective tax rate. I know ...
Hello, can someone tell me what is the best way to transfer ownership of a property from a C corp to myself personally ?
I own 100% of the shares of the C corp. I own the property free and clear.
I und...
If you had $70k in your bank account, how would you invest it right now? Non-real estate
I have set up an S-Corp and working on my first flip. I plan to keep any profits in the business for the first couple of years until I have some flips under my belt and/or making a good amount of money. So I will not ...
I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
Hello,
I don't want this thread to become another WLI vs REI. I have gone through the previous post and I understand why some people like WLI and why some people despise it. My question was whether it is specifically...
Bought a home in nc paid cash for it. Have my old home i moved from mn. I still own the home in mn at a 4.25% mortage. Trying to decide if i should sell and put money into stock market invest. The home in mn over 20 ...
I was wondering if this would be expensive or difficult to put back to the way it was (the house is concrete block construction). I know that I could leave it there, but insurance co. may require me to remove it, and ...
I found a REIT about a year ago and have been collecting on it every month since. The stock is PSEC (Prospect Capital) and it pays dividends monthly , over 13% yearly. The thing that's nice about the monthly dividends...