First, let me introduce myself. I was a mortgage loan officer for several years, then moved in auto finance. I was laid off about a year ago, and work in accounting at our Family business, a commercial Heat Treating s...
Hello all and thanks for this great forum.here is my question. I am considering myself a pre-newbie. just wanting to get started in real estate investment. I'm closing on the sale of a rental property in two weeks. ...
So I know the type of entity structure I want. I want to open an LLC in a state that has good asset protection (NV) and do business in the state in living in, FL. Now I plan on opening a separate LLC (or 2) in FL, o...
I’m going to cross post this in a few places and to be clear, I am NOT talking about software or a bookkeeper that specializes at any of the following:
bookkeeping for taxesrent roll and property managementproperty p...
Hello everyone. A friend and I want to get in to business together so we’re thinking of getting in to an LLC but dont know about how it works. We’re trying to figure out what is the best way to work together and go 50...
Hello all - First just want to thank everyone on BP for all the incredible info and knowledge - this is an amazing site!
I recently purchased a 4 unit rental. I took out a HELOC on my primary for the downpayment (3.75...
We have 19 properties in a Colorado LLC and 19 properties in an Ohio LLC. We have a property manager in Colorado and another one in Ohio that give us pretty good annual reports. I believe we have approached 5 CPA's or...
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
I posted this on another BiggerPockets Forum and did not receive any replies...so I will try here:Starting out with a buy and hold real estate strategy...mostly single family or small 2-4 unit multi...currently my (u...
I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.I transferred the full amount of the loan into my business checking, and setup auto...