Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as). Currently, I do not have any properties. However, I plan to purchase my first rental property in t...
Hi BP - first time poster here! I own a few properties in the Los Angeles area with a partner. This year is the first year I will qualify as a real estate professional and be able to take some aggressive deductions th...
As a new investor I am not at a place where I can estimate rehab within any real level of confidence. There is a matrix I like from Jeffery Norton that uses the ppsf method and I think that is a good place to start a...
A buddy of mine had his father pass away about 3 months ago and has inherited his entire construction business. (He was planning on being a CPA but sometimes life has other plans) My friend grew up doing construction ...
Let preface this conversation with the fact that I dont own vacation rentals or know much about them. I am down here in corpus on work assignment and I am staying in a hotel. I began to think is there anyway I could s...
I had a UPS store box for a long time and didn't get much use out of it, but I'm thinking I'll need a business address again. Are there any cheaper alternatives to getting a pseudo address for busniess besides UPS or ...
Do you own the building of a restaurant, fast food, coffee shop, ice cream parlor or any other type of food and beverage company? If so, did you know many of the assets used in your business are eligible for accelerat...
Hello,
I am a Dutch RE Wholesaler and i am having trouble putting on a good offer. I am still fairly new to this business, but want to make it a real business. I am seeing myself as a real estate entrepreneur, rather...
I am looking at purchasing a HomeVestors franchise. Any thoughts, good, bad or indifferent?
What are the pros and cons of vehicle expenses? Ive read there are two different ways to write off this expense. Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other opt...