I just purchased my first buy and hold property. I want to know the best way to run my books for this property. If this property is considered my primary home but could potentially be a rental. Should The profit and a...
Does one typically form one LLC for all the syndications they invest in as an LP? Let’s say they would like to take some of their savings from a bank account to invest as an LP syndicator, should they do so under an L...
I would like set up my business to take full advantage of every tax deduction. Should it be a LLC? Your help or guidance will be greatly appreciated.
Hello!I currently own 2 SFH's in my own name and all funds flow through my own personal checking account.Moving forward, I plan to put all new properties into their own LLC (single member) with their own business chec...
Hi everybody! My name is Max and I'm a new member here. If you wanna know specifics about myself and my family then I've filled out my profile, but for right now I've got a few questions and I'm looking for advice on ...
Hello All, I'm looking for some advice on the creation of a checking account for a R.E. investment business. I'm unsure if I need to set up an individual checking account for every LLC, or if I can have one LLC manage...
I am currently new to real estate investing. Currently, I am looking to get involved with turnkey investments in the NW Indiana area. I do not have any prior experience. My goal is to create cash flow through real ...
I thought making my first post on BiggerPockets, about the struggle and understanding how to correctly set up, structure and arrange the proper business entity necessary to undertake real estate wholesaling transactio...
Hello BP:I’ve been wholesaling around Atlanta for about a year now. For the first half of the year, didn’t know what I was doing. I’d spend all of my free time driving for dollars and even though this way can work for...
Hello,
I purchased my first buy and hold property late last year under my personal name. I'm looking to start adding more properties later this year and decided I better get a business entity established sooner than ...