Brad Pierce
Advise on setting up an LLC, thank you in advance!
I recently purchased my 1st duplex in Valdosta, Ga. I currently live 30 minutes away in Florida. Do I need to set up my LLC in Fl or in Ga? I plan to grow & buy my next duplex in the 4th quarter of 2018 & pla...
Ashley Madalone
Taking Money from Business Account and Putting into Real Estate
I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. From a tax point of view, is it possible ...
Jake Kozul
Home about to go into tax foreclosure...can I just pay the taxes???
In going through homes last week, I noticed a home I saw a couple years ago looking distressed and abandoned. I looked it up with the country, and the taxes are about to be 3 years behind...and going into foreclosure ...
Johnny Ruiz
Tax liens paying for property taxes and putting a lien on the hom
I recently read something that stated if you pay for someone’s property taxes you can put a lien on someone home. And they have a grace period to pay you back. Is this true how does it work?
Alfred Litton
Paying Taxes with LLC if You Don't Want to Take Profits Out
So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
Michael H.
How does one start from square one on claiming and paying taxes
Hello again BP family,Ive got a hot one here, My younger brother has operated a construction style business for several years now...under the table. After my repeated nagging, and teaching him what opportunity costs a...
Matthew Karp
My tennant has a triple net lease and is not paying taxes.
I’m worried. My tennant is doing well in their business and has a triple net lease.They assure me they will pay the taxes that they are late on. They have not. Is using a lawyer a good idea?
Tab B.
Paying Taxes After a flip owned Property for less then 2 years
Hello. To make a long story short. I sold a house#1 in November 2019 I owned the house for 15 months. After renovations I sold the house#1 for 100k in profit. In September 2019 I bought a house #2 that i want to keep ...
Bobby Todorov
“Self-employed/independant contractor“ wants to buy a property
I’m interested in buying a property, minimum of a 2-family to live in and rent. What would be the best way to obtain a mortgage if I am self-employed/independent contractor??
Yari Vargas
CEMA(Consolidation, Extension, and Modification Agreement) for NY
Hi BP, I recently learned about a CEMA (Consolidation, Extension, and Modification Agreement), and from what i understand it is specific to New York State. Has anyone had any experience and success using this form of ...