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If you have a rental and set up an S-corp that will take 100% of the profits from the rental (can you do this to begin with? to avoid self-employment tax), and the S-corp's income will pass over to you, can you still ...
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Land Contracts and Seller FinancingI’ve heard of land contracts, but what are they?A land contract is an agreement between a buyer and seller that provides that the seller maintains title while the buyer lives at the ...
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Hello BP Fam!
My name is Brett and I am new to the community. I've been a fan of the podcasts for quite some time and figured it was time to hop into the fray in the forums.
I've had a passion for real estate s...
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Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
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I'm entertaining the notion of partnering on rentals so as to acquire leads that I would otherwise not be able to, due to lack of liquidity. Currently, I am a wholesaler with strong marketing in place, spending thous...
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Hello BP community, I recently joined, and have been eating up the podcasts (I've listened to 15 in the last 2 days at work). Last year my brother and I fulfilled a lifelong goal of going into business together as Lan...
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Hey BP, if anyone knows has any good current economy podcasts, people who know what they are talking about. Nationwide or Florida Specific, please let me know of you have a minute.With that said, if anyone else has an...
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I'm looking at a house which appears to be in preforeclosure. I would like to see if the house can still be sold before contacting the family. There are two lenders on the property and it looks like they might have en...
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I started reading the forum a short time ago and decided to join. Thankful for the resources and community.My name is Zane. I'm 32, married, and have a 14-month old daughter. I'm currently a financial planner for a...
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BP community! I am new to this and would like to get advice on a FSBO property I am working on. I have a seller that has owned a property for over 10 years but has very little equity in the property. The owner wants...