Hello everyone,
So i finished the flip and closed the transaction in 2020 while i started the flip in 2019. Now the property is sold, i want to dissolve the LLC. 
How should i go about it? Also, how should i report ...

Being a newb, I spent around $32000 with a contractor who I never got an EIN from in 2014.The company name he used was actually under somebody else's name and in December it was dissolved...The contractor screwed me b...

Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip.  Did what we thought was diligent research on the individual and company. They had a good hi...

They have a deal on salt water hot tub. 
According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. (Just need to clean filter every mont...

I would like for a couple of people to give me some feedback on this proposal I have drawn up.  The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...

So I was curious about a certain aspect of partnerships. Let's say I use a partner to finance the down payment and rehab of a certain property and in turn we will be splitting the cash flow. Am I locked into this part...

Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...

Background:I own a construction company here in California, and hold my RE license. I have been looking for the right opportunity to come along, and a deal landed in my lap when another Realtor called me to provide a ...

I need advice on how to wrap up this deal. I located a mix use property in Queens NY, 2 one bedroom apartments on the top floor, store space on main level. The main floor was being used as a women's sorority. This pro...

Background:  My first deal and it's been a bear to say the least.  The deal itself was solid, but the business partner has been a pure headache.  This deal has been a massive lesson (among countless others) for perfor...