Nathan Letourneau
LLC filing S-Corp election for taxes
I've operated my business as a straight single member LLC for the last 10+ years. This year (2016) my income was much higher and I figured it might be useful to looking into the S-corp designation with the IRS. Wha...
Rhett Z Begley
New LLC/S-Corp establishment advice
Good afternoon everyone!
My wife and I are moving to Virginia in three months and will start flipping houses when we get there.
We’re getting an LLC and S-Corp set up now so we can hit the ground running when we ge...
Mindy Jensen
Today is Election Day in the United States. Please Vote.
The majority of our membership is based in or invests in the United States. Today is Election Day in America. If you are eligible to vote, please please cast a ballot today.This is not meant to stir up political debat...
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
Hello everyone,
In July 2024, I created a partnership LLC with my girlfriend to buy a rental property. We are now married and I expect we'll file our 2024 taxes jointly. We live in Texas, a community property state, ...
Jeff D.
Relationship between a Holding Company LLC and an Operating LLC
Hello fellow BP readers,I'm currently looking to set up my first LLC's to begin commercial multifamily investing. I've been doing my homework and i've come to the conclusion that it's in my best interest to establish ...
Shivam Patel
LLC structure for NJ
Hey guys,I wanted to get some advice on if this structure works. It's really hard to get in touch with some lawyers/cpas in my area, so I think I am just going to file everything myself. I just want to know what every...
Brandon Kingcaid
How to shop around for mortgage rates
Better Mortgage says they will only do a soft pull of my credit in order to give me a customized rates table and loan estimate. It has always been my experience that when a company says they are only going to do a sof...
Gaspare U.
Real Estate Syndication company, which is a better S Corp or LLC
Balancing the Pros and Cons for a Real Estate Syndication company. I live/work in NJ but will be syndicating deals out of state as well. My NJ accountant says LLC in NJ, Garrett Sutton (www.corpartedirect.com) goes in...
Rennie K.
Giving loan to a Real Estate LLC
Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...
Mike Andrews
Housing: The one bailout America could really use
Has anyone else read this?
Housing: The one bailout America could really use
Definitely interesting. From the article:
"On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burs...