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Millions face eviction, poverty as unemployment benefits expire with COVID-19 relief bill in limbohttps://apple.news/AfFH3WC3oRf...
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Hello everyone, I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. My question for bigger pocket community is . What entity be best for this purpose,...
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LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...
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Hi,
My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...
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Hello BP,I am the sole owner of a LLC I created to buy and hold properties, and I just formed a new LLC with a business partner for some deals we will be working together. My question is, what are the tax/legal implic...
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Hi Everyone! This is a tax/legal mix question. I'm curious as to what type of corporate structure(s) BP members are using when working with Private Investors of short term (Less than six months) residential home fli...
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I have a Delaware corporation doing business in California. I could sell shares of corporation to a new partner.But I really just want to partner on the flip. We purchase the flip using the corporation and all account...
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Hello, I was wondering if anybody in the Dallas/Fort Worth area has had any success in using their investment properties as Airbnb's. If so I'd be very interested in meeting up as I'm thinking of going this route afte...
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Newbie here.I run a small business and it's generating healthy revenue.Looking to invest in my first investment property and was wondering if I should purchase with my personal income or buying it through corp?I am co...
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I have a partner who has all the resources, but poor personal credit. I have very good credit. We want to form an LLC, but if we try to get a loan, will his credit affect our chances of potentially getting a loan?