Hello all,My business partner and started an LLC where we put in equal capital and did equal work to buy and hold rental properties. We use a management company and generally do the work between tenants but hire out ...
Newb question here. I read the BP posts and have been keeping track of the time I spend managing my two duplexes, both bought this year, because I read there was a tax reason to do so. When I recently met with an acco...
Do you just love real estate? Or, like me, do you just like business in general? Was it the "glamour?" Or was real estate simply the vehicle to financial freedom?For those of you who have or are making this a busin...
Hi everyone,Looking to get some duplexes with friends' money and make them some money in the process. I already have the friends and I've started looking at properties. I have an agent, lender, CPA, etc.Questions are:...
My accountant mentioned that he can open my LLC cheaper then my attorney any thoughts?
Also, any insight into a two member vs one member LLC (for flipping properties)?
Thanks!
I am located in NJ
Hi all, I'm preparing to establish an LLC for my property and future properties. What are the most favorable states in which to establish the LLC. I have read Wyoming, Nevada, Montana, south Dakota and Texas for vari...
I was contacted by a Zillow sales rep about becoming a premier agent. I know the reputation Zillow leads have, but I was curious to have a conversation. I could not believe what he told me...For 5 leads a month in my ...
Hi BP, I am in a pickle after losing my accountant due to medical reasons and would love some recommendations on rockstar accountants in the area - one that specializes in small businesses, specifically S-Corps/LLCs a...
So I currently have 8 properties, 14 units all rentals. I have read in the past that its possible to put costs for overall business operation and expenses shared by several properties on a separate schedule E as oppos...
Apartment building is owned by an entity <address LLC>. When sending notice letters to tenants I'd rather use another business name on the letterhead. <address LLC> isn't owned by the other entity. <a...