![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1232787/small_1621510486-avatar-ericac42.jpg?twic=v1/output=image&v=2)
Hi everyone. I’m very new to real estate investing. I’ve just been feeding on reading content. I’m currently reading Long Distance Real Estate Investing by David Greene. And would like to apply his advice to starting ...
I've been planning to invest in a property to rent it out and I'm not sure whether it would be better to do so as a corporation or a sole proprietor. Are there any tax benefits to creating a corporation?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/265610/small_1621437488-avatar-skoomakane.jpg?twic=v1/output=image&v=2)
Starting in February 2015 I started the real estate industry with literally no knowledge, i didn't even understand how mortgages work (the Stupid me.) So i devoted the next 3 months to reading, and uncovering knowledg...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/325938/small_1621444444-avatar-hardyb.jpg?twic=v1/output=image&v=2)
I have a partner, and two deals pending but would really like to get a legal structure set up that is really done well. We will go LLC but would like some really top flight counsel. Anyone have an investor CPA or Lega...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/125190/small_1621418001-avatar-vlorion.jpg?twic=v1/output=image&v=2)
Hey guys! I want to start by saying that I hope I posted this in the right area. Well here's what I have for ya:A buddy and I are looking to open the doors of our small business in spring/early summer of next year. Bo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/266909/small_1621437607-avatar-hiron.jpg?twic=v1/output=image&v=2)
I currently have 4 properties that I own free and clear. I would like to leverage these properties to be able to get a RLOC. The bank would get the first lien position to secure the real estate as collateral. I am in ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2862676/small_1698113880-avatar-yic18.jpg?twic=v1/output=image&v=2)
Can someone help me with the following two questions?
1) If you set up an LLC (with an EIN from IRS and approval from state) but it turns out you don't have any business during the year, how do you report that for y...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/520583/small_1694698263-avatar-miker93.jpg?twic=v1/output=image&v=2)
Hello,My partners and I are trying to figure out the best entity for flipping and "rolling capital". What I mean by that is reinvesting profits with no or minimal disbursements. A LLC taxed as a S-Corp seems to be ide...
Hi everyone, my name is Michael I'm 14 years old and I live in New York. I was wondering if there was a way that I would be able to sign some contracts and do business at my age. I want to get into buy and holds, and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1989436/small_1675717488-avatar-gretaa.jpg?twic=v1/output=image&v=2)
I'm considering my next investment. I currently own a 3 unit apartment. For my next investment I want to go bigger. I've always planned on purchasing a bigger multifamily (20+). But now I've learned of acquisitions. I...