Jared Anderson
What is the best business entity to have a fix/flip business under? Tax advantages?
I will present this same question to a lawyer but just so I have an idea going into that meeting please help me with the following question. What is the best business entity, for liability and tax purposes, to have a...
Kathy Stewart
Minimizing taxes on flips
What creative strategies have any of you used to minimize taxes in these quick buy/sell scenarios?
Joel Cannonball
S-Corp Election Form 2553 for new LLC
I recently formed a new LLC that will be involved in buy/sell, and buy/hold transactions. I read around online that stated I should go ahead and file form 2553 to be taxed as an S-Corp. I called a CPA for advice on it...
James Reiter
Business Entity Setup
Hi Everybody,So I am a new RE Multi Family Investor, and need some advice on what Business EntityI should initially setup. Here is some criteria.1. I will be the sole individual in the business2. I will be partnering ...
Steven Bolin
Can We Afford Retirement?
Hi you guys! Here is our situation. I went on disability in 9-3-2010. We had to use all of my pension to make ends meet. I am 54, and Joanne is 61. Joanne has not invested very much at all at her job. We own our house...
Adam Craig
Imroving your rentals over time.
My main goal with investing is buying below market and hopefully making a lot of money when I sell in 15-20 years through appreciation. With that in mind - does it make sense to improve the property over time to pr...
Art Warren
New Member From Houston!
Hello everyone, my name is Artiquewa Warren! Most of my friends call me Art Warren for short. I know most of you might think that my name is foreign, but it's not. My mother's friend that it was a cool name and sug...
Matthew Jones
I need HELP!!!
Hey everyone,I'm having a big problem and am hoping that someone can give me some good advice and direction. I've been on bigger pockets for about a year now and I have a pretty clear vision of the path I will take t...
Gaspare U.
Real Estate Syndication company, which is a better S Corp or LLC
Balancing the Pros and Cons for a Real Estate Syndication company. I live/work in NJ but will be syndicating deals out of state as well. My NJ accountant says LLC in NJ, Garrett Sutton (www.corpartedirect.com) goes in...
Joel Owens
Why investing in real estate is SO important !
I learned today an extended family member on my wife's side lost their job. This was at a major retailer company as a manager. He was on time, never called in sick, and did a great job. Was there over 11 years as a fa...