Daren Wang
Multiple LLC under Corporation
Hi, BPers. Wish all of you are gonna have a great weekend. I have been listening to the podcast for a quite some time.
Here is my Situation, I incorporated a holding corporation in the Great state of New Jers...
Jason Hardin
Business or not
I'm a little confused on the whole "should I start an LLC or a business in any form" topic. A lot of people on here say to not start a business right off the bat but then a lot of the information pertains to having a ...
Allison Lander
Selling Gas Station - Question (Help Needed)
Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my ...
Chad Bailey
Want to Use IRA $ for REI - Who Do I Consult? Tax Att., CPA, CFA?
Hello and thanks in advance for any constructive advice,Long story short, I was laid off last year and cash savings are all but evaporated. I've chosen to fund my first REI with cash from my self-directed IRA. Can a...
Aaron Smith
Trust --> C corp to a S Corp
I am currently working with the owner of a large mobile home park, and he would like to sell, but is worried about tax implications specifically due to the fact that he holds the property in a trust and changed the pr...
Mallory Woltering
Establishing an LLC without tenants
Hello all - I just bought my first duplex in FL. We are in the process of evicting the current tenants. I have established an LLC for the property via legal zoom…so by the time we renovate and get new tenants in there...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?
Andrew Frank
Raleigh-Durham home+rent appreciation continued growth or stagnating?
Hi all,New to BP and been drinking from a firehose--podcasts, books, consistent conversation with local realtor helping to find a property (connected before finding BP). I have family in Raleigh, wife and I can't affo...
Joseph Dasmerces
Using construction loan or traditional financing
Hey everyone quick question looking forward to everyones feedback, We have 150k, We are actively searching for a deal to add value too and flip. We have a great relationships with our local bank and wanted to know wou...
Andrew Thomson
Depreciation for tax purposes
Hi there,
I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada). I'm relatively new (3 years) to the accounting world a...