Nawzad Babiry
New hot places to buy
Where would you say are the hot places to buy rental property right now? I’ve heard a lot about Louisville Kentucky and Indianapolis.
Reggie Draper
Needing my first line of credit..
Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
Ty Hines
How We turned lemons into lemonade
Hello to All,
This is a success story only made possible by BiggerPockets. Recently I made a post about a finance program that Im a broker for here in Atlanta. I later was contacted by a young lady who also ...
David Ferreras
LLC Protection Questioned
In the slip and fall scenario, where the renter slips and falls on your property causing them to pursue legal action against you, what is to stop them from suing the business (the LLC) and you (as a negligent landlord...
Bill W
Is LLC really neccesary
to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...
Josh Sterling
Contractor team
How are you guys building your teams for rehabs?
The way I see it there are 4 basic options:
1) Hire a guy (or two) to work directly for my llc (W-2 employee) pay hourly.
2) Hire a guy (or two) to work on a project...
Bryan O.
Solo 401k Attached to Passive Income Entity
Hi experts. I recently found out how contributions work for a solo 401k and that rental income is passive. So basically I'll never be able to contribute my solo 401k in this entity. Not the end of the world, but certa...
Gene J Jakominich Jr
Looking for the Team
I have been managing a 4500 sq ft (3 unit commercial) building for a few months for my aging mother. I will be inheriting a great property but currently she’s almost 30-40% under ASF per ur, plus not its in an LLC bu...
Chris Clark
Investing in Self Directed/Real Estate IRA?
I'm interested in hearing about pros and cons from people that have acquired investment properties through an IRA, solo 401K, etc...I'd appreciate any referrals to Real Estate IRA custodians that you work with.
Tha...
NA N.
Minimizing taxes paid on your Rehab/fliping business
Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...