YES Yes I know ask an accountant
It’s Saturday I don’t want to wait until Monday 😀So could a corporation flip houses reinvesting profits into the next flip to temporarily avoid income tax instead of having to 1031?...
I'm sure this has been discussed on here before, but I can't find it anywhere.I have purchased a property under my name and fixed it up (not all the way/ was planning on rehabbing but realized I was running out of mon...
I am a construction manager and also a newbie investor looking for flipping opportunities in the south bay or east bay area and the investors who also have interest in flipping as well. Since I have a full-time job an...
What is the best entity structure for a business that buys then sometimes holds and sometimes flips? It's not always easy to know ahead of time if you are going to keep or flip. So it would be nice to just have both...
Hi all,
I’m working with 2 others to start buying properties to hold and rent out. I’m aware that having properties under an LLC is a smart move for liability protection, I’m just not sure which business entity forma...
Hello BP Folks,
I am new to the forum and need some advice at this juncture. I am computer engineer by profession and started the real estate investment around 2 years back and purchased 8 rental properties m...
Just wanted to give you all an update, since I started toying with the idea of REI (month ago ish) and joined BP, about a week ago, I have learned alot, but on to the good stuff, no deals yet, (I don't even have enoug...
Hello BP,Wanting to get some opinions here from folks in the know.My brother and I are in contract on some acreage in Nova Scotia Canada. After we purchase it we plan on selling some individual lots, perhaps developin...
Hello,Our Financial Advisors have been great so far. We have accomplished so much to date with their aid.They would like us to move our corporate investments from a current ETF fund into a Fidelity Global Balanced Cla...