Frank Painter
Question on Commercial Lease
Hope this is the right place for this.I'm venturing into a retail business and after some negotiation have been given the following numbers for space 3,500 SQFT of commercial retail space in a small strip mall that in...
Jaedon Stout
Hey Everyone, New to BiggerPockets! Expert advice needed
I’ve got a question that’s been on my mind recently. I help business owners and investors raise capital usually connecting them with partners who can secure $75k-$100k at 0% interest for 12 months. But I’ve never pe...
Ryan Holland
Opening an out of state LLC
I am interested in opening an LLC in order to build credit for future real estate investments. I've read online about the benefits of opening LLCs in Wyoming but I still have several unanswered questions. 1. If I open...
Tomiko Graves
S-Corp Suggestions Anyone?
Are there any companies you would recommend to me for starting an S-Corp. There are tons of companies online, most around $49, but just wanted to check to see if someone could vouch for one in particular.
E. C. "Stony" Stonebraker
Resolve Conflict in Calculating Cap Rate and Cash on Cash Return
I read the 2010 article by J Scott titled "An Introduction to Real Estate Investment Deal Analysis" and I'm also reading the book "The ABCs of Real Estate Investing..." by Ken McElroy. The two sources calculate Cap R...
Sven Simon
Chart of Accounts for Rental Business
Hi all,
I got all my accounting in QuickBooks. I own a rental property but I'm also currently looking to start flipping properties.
I have a good grasp on accounting and set up a chart of accounts and e...
Dawn Wilkins
Seeking Tax Tip: How to expense seminars, bootcamps, guru materials
Question: Is it best to classify these expenses as education or consultation in order to avoid later IRS scrutiny?On the advice of this site I joined my local REIA. Unfortunately I didn't heed all the warnings. Went t...
Eric Griemsmann
Success
I am so happy to let everyone know. I have officially opened my Real Estate Redevelopment Business, and it is on its way to success. I find out today or tomorrow what the IRS excepted my business name to be. Also, on ...
Tray Ross
Value per door when acquiring a PM business?
I am interested in purchasing a property management business out of South Carolina. It is a short term vacation property management for the most part, and there are 62 doors. They valued the company at $675,000. Howev...
Dinesh T.
How to get Tax ID?
My attorney created an LLC for me. When I went to the bank to create an account, I was advised that they would need a tax ID for my LLC. I called the IRS, but could not get through. Please let me know what my next ste...