Chris Laino
LLC in NJ, PA, DE, or elsewhere?
I’m looking to file an LLC but not sure where to file or the benefits are to one state over another.I’m located in NJ but my partner is located in PA. Our first project will be in NJ but we may venture into PA at some...
Julian Buick
How important is it to have the original promissory note?
I just made a loan that was secured by a deed of trust and promissory note. I got the original deed of trust back after it was recorded. I asked for the original of the promissory note and was told that I already have...
Michael Shea
DTI: Rent by room income on schdule E
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
Keith N.
Recommended Tax filing services in Raleigh North Carolina?
Hi All,I'm sure this question has been answered 1,000 times on BP, but can anyone give me advice on what I should do in regard to filing my 2015 taxes. Previously I had used Turbotax and done them myself, but this ye...
Yuliany W.
LLC Classification: Partnership, Corporation, or S Corporation?
Hi,
I would like to get your thoughts on this. I recently created an LLC to own my future real estate properties and I also just applied for an EIN. What is the best classification for an LLC which purpose is to own ...
Chris R.
How can you avoid the tax on self directed IRA and multi fam
I've researched a bit about the conversion on an IRA to a self-directed or solo 401K and how to avoid the UBIT tax on larger syndicated multi-family non-recourse deals. From what I can tell from some of the research i...
Lynn McGeein
Settlement 3 months ago, title company never recorded deed
Contacted the title company as never got copy of recorded deed or owners title insurance in the mail -- it was a short sale and bank required that we use their closing company. Closed 3 months ago. Just got an answe...
Gregory Stanley
CDC eviction "Order" not enforceable
The CDC’s order against evictions is toothless, has no Constitutional justification, is over-reaching by the Executive and the CDC, does not stop the filing of evictions, and has bureaucratic hurdles for any tenant wh...
Yolanda Smith
Did you know SEC Investment Offerings Securities Restrictions Have Relaxed?
I recently found out that the SEC investment offerings restrictions have lightened up. We can now solicit our investment opportunities to the general public without registering SEC or state regulatory agency. Here...
Lynn T.
Entity Set Up: TX or WY?
Hi BP,I am very new to entity world here. However, I have recently been looking into asset protection for our rental properties. Two companies came up 1) Andreson Advisors 2) Royal Legal Solutions. Anderson set up a h...