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Hi all
I've only recently begun reading BiggerPockets, but let me just say I am already heavily in debt to all of you for a ton of useful information, and can only hope to start repaying that in some small wa...
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Hi Everyone,My wife and I just incorporated and are still getting everything established for the corporation. After much research, we went with a C-corp over an S-corp. Anyway, my wife owns a home in New Mexico (we l...
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Hello,I'm considering getting the PRO account, but this brings up the question, how do I manage my finances related to Real Estate?I will need to keep track of all my expenses, profits etc. But is it easier come tax t...
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I need to form a LLC in order to satisfy my lender requirements. The 12 unit apartment is located in Cleveland, OH. I live in San Diego, CA.
In what state should I setup the LLC? Should I use a real estate attorney o...
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'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
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I'm trying to get a REO under contract, cash purchase. I have a good contractor that will do all the rehab, and in return I will split the profit with him (not sure on the % yet). What's the best way to set this up ...
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Good day,I trust all is well! I need some advice please! High level info below.....- Purchased 1st investment property (3/1 SFH) with section 8 tenant that had been there for 1 year paying $555/mth rent in Dec 2021....
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I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
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I am looking into buying my first MFR and wondering if I should eventually change the tittle to a LLC for liability issues. I am not sure if the bank will have a problem with that or if that is something easy to do. W...
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My spouse and I have a real estate pass thru LLC we are 50:50 partners / owners of. We are in the middle of a flip which will sell in 2024 and have a second one lined up. Estimate to make 80-100k from both deals. Fo...