Good morning.  I am looking for some assistance in purchasing my first rental.  I have read the pros and cons of owning an LLC and have been leaning toward not forming an LLC.  My thinking is that it will be easier an...

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,...

Starting buying our first investment property. We have sent paperwork to form an LLC. Property is going to be funded through a personal loan (have gone over safer strategies with a lawyer but it’s what we can do to ...

Hello! I can't seem to find straight answers anywhere (totally could be looking in the wrong spots - I'm new to this!) What are the tax implications for a Canadian investing in US real estate? My husband and I are Can...

I have never used a hard money lender and researching I see they ask if you are holding the property as individual or company. Because my income level is not at the lowest tax rate, it makes more sense to hold propert...

Hello All,

Any opinions on whether or not there are any tax benefits and savings when purchasing a Multi family as an LLC vs Limited partnership or personal entity?

Hi BP, I am curious to know what proof do I need to travel to Utah (from Oregon) to check up on a rental property for the IRS audit of my business trips? I could possibly save down pictures of my texts with the tenant...

Hello all. For some reason I am thinking that I heard somewhere that anything over 4 units is considered commercial, but my realtor told me that anywhere someone lives is considered residential, no matter how many un...

My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...

Hello - Hope everyone is doing well today!  I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items.  I cur...