Good morning fellow investors,I am partnered with my sister. We have a name for our company, but have not yet created the entity. Within the next couple of months, we plan on doing a buy/flip/sell. Should we buy as ...
Should I create an LLC? Then place my properties under that business and open a business checking account for the business as well?Any advice on how to organize my rental properties which are currently under my name a...
I want to set up a solo 401k (from my regular 401k) after I quit my job and go into real estate full time. I understand how to do this and that's not my question. However, I have personal savings outside of my 401k th...
Hi BP - I currently live (rent) and work in NYC but want to (i) house hack, and maybe down the road invest further, in New Jersey, (ii) invest with 2 people in multifamily properties in Massachusetts, one of which has...
I'm currently about half way through the book and it really does have some great information that is so easy to understand. Sure wish my parents had this knowledge to pass down to me when I was younger. He mentions bu...
Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.
As I started writing this, I realized that many on ...
I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
Hello everybody BP,
Starting out soon on my investment in real estate in center to upper New Jersey. Weird question and there may already be a post for this but was wondering can I start a business and get an fha loan...
My wife and I currently bought our first SFH and kept our condo as a rental property. We require our tenants to have renters insurance and we have a homeowner's policy with an umbrella policy to ensure we are covered...
My mother and I purchased a rental property last year, we are 50/50 owners. We paid cash for property at 22k, put some work and money into it, and it's been valued by the auditor at around 45k before improvements (how...