Hey guys,Here's my situation, my partner and I formed an entity call it First LLC which is classified as a partnership when the EIN was obtained. Later we formed another entity call it Second LLC and again is classif...
Hi all! Thanks for taking the time to read my post, I have a question for all who could spare the time to help. Sorry in advance for the long post but it adds context to my question.
I just moved over to the USA with...
Hi all, I was wondering if anyone has had any luck partnering with wholesalers? What I mean is generating the leads and then finding successful wholesalers to take them and sell off. I am establishing a digital market...
Hey BP-
Can anyone shed some light on the best way to structure JV deals for flips on residential. Potential partner is well established and seasoned- with an immaculate record, has own construction crew/manager and ...
Hello Experts,I am looking for some advice on what route to take. I have a group of friends that they are looking to invest in Real Estate in some deals together, but we are not clear on how to make sure we structure ...
Hello everyone,First discussion here on BP.I have been watching the podcasts and reading the forums and articles for a short time now, and am trying to get a solid understanding of this new world around me.Recently de...
Hi BP Fam,
I understand there are tax benefits to running your rental property under an LLC. Other than listing your entity on the lease, paying your mortgage from a business checking, and keeping rental income withi...
Hey Everyone,Complex situation here (or maybe I'm just making it complex). I'll try to get the main details quick.I own a house free and clear in an LLC. I have family living in the house and I don't charge them anyth...
Hi everyone - I purchased my first property last year and I'm starting to put together my taxes for the year. I purchased the property in May and repaired it over a couple of months before placing it into service in J...
Heyas - quick question for ya's: I'm trying to nail down a company name and can't decide if I can/should use REI in the name or not. Will non-REI people be turned off by an abbr they don't know stuck in a company na...