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I am fairly new to bigger pockets and real estate investing, and excited to be a part of this community. I have owned a single family property for a couple of years now, and it was closed in my name. I know that I n...
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REI:
I talked to a very successful investor/CPA who told me to forget about LLCs and instead set up a Fictitious name(also known as Doing/Business/As), which is less expensive, a lot less paper work at tax time, and ...
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Hello fellow investors and experts!I am new to real estate investing and have recently acquired my first investment property, a SFR in Austin, TX. I also have an LLC formed in Texas and am planning to transfer my SFR ...
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I'm looking to purchase a home and was planning on having the owner finance 1/2 of the purchase price. I figured that I would put 50% and then have the owner carry the remaining amount and then we would have a balloon...
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I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
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Hey Yall, what type of CPA should I hire for my RE LLC? I need someone to help make sure Im writting off the right stuff, to make sure my LLC is set up correctly, and all the other legal stuff. If someone could help m...
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Hi Bigger Pockets Community!
I'm looking for a CPA specialized in Real Estate that can help me put together a plan on how to proceed with my real estate investing.
Current Situation: I recently became a landlord (D...
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Hello Everyone,
I'm planning to setup a short-term rental in Fort Myers. Do you know of any lawyer's in the area that have helped setup LLC's or the legal structure for short-term rental owners to provide liability a...
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Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
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Hello Investors,My husband and I currently own investment properties in which we purchased individually, prior to our marriage. And we manage them ourselves. We are looking into developing a protection plan to protect...