Abou C.
Type of legal entity?
Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
Dean Chigounis
Can you live in a 1031 property if renting or set up a business?
We're currently living in Maryland but are eyeing property in CA. We likely won't be able to move there for another 2-3 years but have found a house we like. We have other rental assets here on the East Coast that we'...
Stewart Hulick
Short term rental ADU Portland OR
In Portland, an ADU is considered a part of your home as opposed to a second unit. This allows us to rent our ADU full time as a short term rental as we live next door in the main house. This would not be possible wit...
Luke Dilorenzo
Any other loan officer/ realtor husband wife teams out there?
Hey BP I need some relationship advice lol..Long story short, I am a licensed loan officer and investor with a decent book of biz. My wife just got licensed as a agent and is hanging her hat at a brokerage that is off...
Samuel Freeman
Is Section 8 Worth While?
Hello BP,My family owns a real estate business of which I am a part of and are looking at transferring some properties to Section 8 based on the location we are in. What are some pros and cons to having a Section 8 re...
Benjamin Shearer
Michigan CPA and/or Attorney Recommendations
I am new to the REI game and currently still in the process of building my team. I'm finding that searching Google doesn't provide specific enough information about REI tax folks or attorneys. My goal for next week is...
Travis Pirtle
Is Now (Still) a Good Time to HELOC?
I've finally convinced myself to pursue a HELOC on my primary residence to fund the down payment on my next rental property, but the speculation of additional rate hikes has me nervous. I've contacted a few lenders, a...
Denisha Dukes
Earnest Money Deposit for Wholesaler
I am new to Wholesaling. I have been studying this for a few years now, but now I'm trying to get my feet wet. From the research I have done, almost everyone says they pay a $10 Earnest Money Deposit. I have been havi...
Harold Gontz
S-Corp still valid for use?
I created an S-Corp in PA in 2007. I used it for a couple years. All I've been doing for 3-4 years is filing the zero activity state and federal tax return. Is this entity still a legal entity in PA or do I need to st...
George Smith
New member from Houston, Texas
Hello all,I've been lurking around for a few years but am now getting close to retirement and will become more active on BP. I've dabbled in rental properties while in my home state of Alaska and I've bought 2 houses ...