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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 ...
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Hi All, I am new to rehabbing although I have many years experience as a construction/project manager (building, rehabbing schools). I am interested in finding out your experiences for financing a rehab project to r...
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This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
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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...
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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...
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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...
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I'm a new investor (have a separate W2 job), looking to build storage in near future. Every day/night I've been driving around looking for land, talking to brokers on phone, using my computer to find potential propert...
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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...
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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...
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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 ...