I was just calculating my cash flow related to real estate for 2019. The entirety of my real estate income and expenses flow through the same checking account. Usually about monthly, I transfer the excess cash to a sa...
I’ve started to practice analyzing deals one thing that I haven t been sure about assessing is when to sell or refinance a property? Obviously I know this can be a very personal decision but let’s say there is a comme...
Hello BP rental investors, I have an LLC with a Residential Building Construction Class A license. I purchased a rental property under my personal name so that it would be easier to refinance. I want to be the Gener...
Hi,
I understand that the Employer (Single member Sub-S) contribution is tax deductible for the Company, however the Company pays both side of the ss/medicare (15.30%) tax. The question is, what is the cost of say a ...
Hello,A friend of mine owns rental real estate in his name (not LLC) but collects rent through an LLC, are there any tax advantages or any other advantages with this setup? I as a landlord directly collect rent from ...
Hi! My name is Spencer and we are exploring options to protect our personal assets in a business partnership. We have explored the option of purchasing directly into an LLC and, as expected, rates are horrible from th...
Hello, I am getting overwhelmed by the maintenance of excel sheets. Does anyone know a resource that allows to search for cash flowing properties in the given region? I am aware of RoofStack, but is there anything els...
Hi Bigger Pockets Community, I am fairly new to BP. I am American/German and I am seeking to join/partner with an experienced wholesaler/wholesaling team. My goal is to gain equity and cashflow in order to fund a US c...
I’m trying to get an understanding of why someone would use one over the other. I have a SMLLC for my turnkey single family rentals. I’ve always read/heard/etc that LLCs are generally the preferred structure for ren...
Hello,
Recently, I worked with attorney and created one operating LLC and one holding LLC. I am in process of setting up bank accounts for each and transferring title from my name to LLC. I really appreciate if can g...