Hello, all.I am collaborating with a chief manager from an investment group on submitting a reconsideration letter for an EIDL loan. In their denial letter, the SBA stated that the business activity of the investment ...
Hi folks, I am currently exploring business banking options for my real estate ventures. After some research, I've identified several key features that are crucial for my business operations, and I would appreciate it...
Hello All,I'm a newbie investor with a 4 unit apartment building in DC. The building is under my name as a sole proprietor. I am now ready to delve into flipping properties. An LLC has been approved. Now, I am trying ...
Good afternoon everyone!
My wife and I are moving to Virginia in three months and will start flipping houses when we get there.
We’re getting an LLC and S-Corp set up now so we can hit the ground running when we ge...
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...
I live in California and I have some properties in Columbus, OH. I was thinking about creating an LLC in Ohio for future purchases since their annual fees are low. My new CPA is telling me that I'd also have to regi...
For a new REI business account (LLC), is there an advantage of setting up your business account with a large national bank, or a small state bank, or a federal credit union?
I've already read to avoid BofA. Are there ...
What's going on to the new members. This site is a platform to gain knowledge into the world of real estate investing, and is very resourceful. If you're new to the game, let me be the first one to tell you that i...
I've been loaning businesses rehab funds for their projects and was wondering if my business activity requires a licence in Oregon state. I'm in Washington and so is the business I loan to however the projects are in...
I am interested in starting a flipping business with a friend. This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...