I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries ...
Hi BP Family!
We are close to purchasing a Fix N' Flip property with the numbers below. The "All-In Cost" works well with our ARV but I am wanting to make sure I am not missing anything that could make the costs go u...
First let me say I would GREATLY appreciate any help or advice I could get from this group...
I am currently negotiating my position in a property management company (MGMT LLC). The arrangement is somewhat complex so...
Was wondering do you meet with your tax person once a month??
Do they charge by the hour or do you have them on retainer by paying a set amount a month/year??
I have been doing taxes myself for awhile but now I am g...
Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?
I am currently going through underwriting for the first time. I was able to meet the income qualifications for the loan I am seeking, but found it very odd how underwriting treats passive losses for income qualificati...
I am an out of state investor (live in CA) and currently invest in two different states (outside of CA). I created a Wyoming LLC and would love your thoughts on the following:
- Do I need to foreign file in each of t...
What is the best way to find an experienced real estate lawyer or tax accountant that can advise me through general questions? I turned to google but don't know if that is the best approach? I have two properties and ...
How does one set up a real estate partnership so if that partnership eventually sells, each member can 1031 exchange their individual share at a future sale?(It is my understanding that typically partners cannot 1031 ...
Thank you so much in advance Bigger Pockets community! I am finally feeling brave and educated enough to make some moves outside of my comfort zone. Just put an offer on a investment property and waiting for the sel...