Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...

Hi there. I am in the beginning stages of setting up my real estate business and have filed for an FBN to get started. I am not ready to start an LLC or an S corp at this time and will not until I have done at least a...

I used Incfile.com to file my LLC.  They used an address in a different city when they filed my LLC. All mail and correspondence will be going to this address and forwarded via email and if necessary, physical pieces ...

Hey BP,
I'm sitting here, stuck on pause, while filling out my first LLC here in Utah. Everything was going smooth, all questions easily answered, and then BOOM! They ask me for my BASIC nature/purpose of business, ...

Hi, Is it best to form an LLC if I own and manage 8 rental units?
Also, do I need a business license to form an LLC  company?If its not needed, should I get one if I'll be managing my rental units?
What are the pro...

I recently purchased an apartment in GA with a LLC. My LLC is a California LLC. I was told by my closing attorney (GA) I need to file with the Georgia Secretary of State as a foreign LLC in order to do business in GA....

Scenario: My wife is about to have her real estate license. I do not. She will work for a brokerage, obviously. We are wanting to form a partnership that she would receive her commission payments through. We want to f...

I'm wondering if anyone more experienced (specifically with California) could help me out. A few friends and I have recently been talking about investing in Real Estate. We've all been working for a few years and have...

We set up an LLC in Q4 2023, so there was no business activity last year. How should I file federal and state (North Carolina) tax return?

We set up an LLC in Q4 2023, so there was no business activity last year. How should I file federal and state (North Carolina) tax return?