Navid A.
Mileage deductions in a multi-member LLC
Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...
Chris Orza
Wife doesn't want personal risk cash out refi - what other options?
My partner and I have 2 BRRR's...looking to get our 3rd.He wants to do a cash-out refi to pay for the 3rd.My wife doesn't want us to take on more personal debt.Hard money lenders only want to do flips.What other optio...
Michael Carter jr
Car salesman turning First time newbie to real estate wholesaling
My name is Michael Carter and I'm from Bergen County, New Jersey and have been intrigued in the real estate market since my wife and I got our first place together in 2005. I remember the sales agent asked us at the ...
Account Closed
Do you carry a businessl liability policy for your LLC?
As the subject says I was curious what insurance products flippers are carrying for there LLC? My insurance agent recently seemed appalled that we are not carrying a business liability policy. Generally with our flip ...
Sean Beyrouthy
Stessa - Transaction Category
Hello everyone! My partners and I closed on our first deal in Chester, PA and I have been fortunate enough to be in control of the accounting. We have decided to use Stessa and it seems simple, but I do have a couple ...
Dan Stewart
If Detroit comes back will it help other cities Real Estate??
I have landed a job along Lake St. Clair and am considering moving to the area. My commute is pretty ridiculous right now. However, I know I don't want it to be permanent. I am torn between buying a place or just rent...
Tanya F.
Rent check missing
This has just come up for the first time in 14 years of landlording. The tenant pays us through their bank auto-bill pay. They are usually right on time, we get a check in the mail from their bank on the 1st or 2nd ...
Nick Rutkowski
Helping Brother start a construction company
Hello construction people,My brother and his coworker are looking to ditch their fencing jobs and become an independent company. They're looking to start out fencing but could get into excavating and other jobs needed...
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Newguy Vancouver, USA
Hello ,
I am new to the forum and working as a Loan Officer for several years and also own an Auto Detailing business. Have put off RE Investing for far too long and look forward to sharing and learning with group.
Brandon Boyer
Opening LLC to rent my house. Can I buy an RV with the LLC?
I’m want to create an LLC to rent my house. Can I also buy a truck and RV with the LLC or would I need to buy them personally and then transfer them to the LLC?