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We live in California and set up an LLC here for a real estate investing business, but looking to invest in Ohio, so want to know if we need to register our California LLC in Ohio? Or create a new LLC in Ohio?Thanks!
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What biz formation is best for multifamily investing? Like LLC, S-Corp, C-Corp, etc. I know you guys might not be authorized to give out legal advice but I figure it would be best to get opinions from those really doi...
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Hey BP family, I've been following BP since about 2018 and after all the analysis paralysis I've finally acted and bought my first duplex. I currently am in the middle of renovating it and hoping to get a tenant in by...
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Hello fellow BP followers. I have a tenant moving out and she has caused a little bit of damage to the property, does anyone have any tips to make sure I am taking the proper/legal steps and deducting the correct amou...
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I have a contractor that is doing a $35,000 roofing and siding job on one of my rentals. I claim “Real estate professional status” for tax purposes. My accountant says that any contractor you pay should be given a 10...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $540,000
Cash invested: $150,000
Two-story legal two-family brick structure; circa 1926.
What made ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Ferndale.
Value add 28 Units. Split site with two 10 unit + an 8 unit property. All located within a block or two of each other.
...
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Hello everyone !! I am new to the investor field and i am looking to shadow someone that maybe going through a deal. I’m just looking to see how it’s done up and front !!
Hello,a friend of mine lives abroad, but would like to invest in real estate with me and share in the equity-upside. My CPA is mentioning FIRPTA as a relevant topic.have you ever received money from Foreign people? Wh...
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What are some non-obvious ways that you limit your landlord liability risks? Or how bout the obvious ways, too..