Beth Rook
Does each LLC have different EIN?
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...
Paul Stamm
Creation of LLC for Real Estate
My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
Nicholas Miller
Tenant criminal history, whats so important?
Last summer I rented to a gentleman who had a colorful past however I had never screened my tenants based on criminal history... After 38 days it was clear that the landlord/tenant relationship was not going to work...
Trevon Peracca
Series LLC
Does anyone here use a Series LLC for each property they own? Can someone please ellaborate on the Pro/Cons of a Series LLC versus a standard LLC.
Blake Woodham
First investment a fourplex? Good Idea? Also, creative financing ideas
Hello all, I have been eyeballing this fourplex close to where I currently live and would like to hear your thoughts on it. I am in the military so I cant move into it because I will be leaving town in the next few mo...
Becky Watkins
LLC Setup - Legal Protection
We're working on setting up our LLC and need an address and agent for service of process.
Our CPA suggested we looked into virtual offices. We did and they are about $80-100 a month. That seems like a lot just to p...
Matt B.
Side jobs/hustles to generate income to use for down payment
Hi All,I currently have a rental property and I'm almost ready to get the second one. My question is what do all of you do as a side job to generate extra income to save up for a down payment? I'm already saving a goo...
Belinda D.
Assignment Fee
Hi BP Family,
I believe in being open and honest with sellers about my assignment fee.
I have not done my 1st deal as yet. I plan on telling sellers that if the final sales price (to the investor or retail buyer) is ...
Blake Beeson
Starting an LLC, quick question
I'm about to start my first LLC for real estate investing. My fiancee owns a home in FL that we currently rent out to long-term renters. We've been renting the house since 2019 and have always had a renter in place. T...
Tiara Murray
How exactly are deals like this made?
I live in Detroit, and there is a lot of brownfield redevelopment going on. I was wondering how deals like this http://www.modeldmedia.com/developmentnews/watermark9307.aspx, and this http://www.naiop.org/developmentm...