Todd Robertson
Want to purchase rental property, do I need an LLC?
I hear mixed comments on purchasing rental property with an LLC? Any information appreciated!
Brian Dean
Partnership Structures - What Have You Done?
I would love to hear from some Canadians that have done Joint Ventures and/or Partnerships, specifically when one person provides the cash and financing ability, and the other partner finds the deals as well as overse...
Anthony B.
Few questions on starting out
I am going to start purchasing investment properties and before I do I am going to learn a lot of things.
First in question: When you were beginning did you form an LLC on your rental property? If not why? If you di...
Sheba Shimoji
Pay my own property management company
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
Michelle Caines
Newbie from NYC
Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...
Logan Zanki
Building company credit to buy real estate
Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...
Steph C.
Rehabs and 1099s
I know this a common topic of discussion, but thought I'd ask another question as it relates to rehabs (we GC our own rehabs).
I know you need to send a 1099 to any "independent" contractor to which you pay $600 or m...
Kent Caldwell
Experience w/ Furnished, Corporate Rentals in LV? (31 day min)?
Hi LV Bigger Pockets,I've got a property in Las Vegas that I am having a very hard time finding a tenant for the "traditional" way. Home has currently sat on the market vacant for two months, coming up on a third. I k...
Account Closed
Creating a corporation and BLOC
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...
Pat Lione
Partnership agreement
I am forming a 50/50 partnership LLC for flipping rehabbed properties. 1st question should I use myself or an llc for my 50% membership? 2nd question is taxes. Do we elect to do our own taxes (each member) at the en...