Hello all,I'm new in the notes business and I have an opportunity to buy a pool of 4 notes in different states. I'm wondering whether it's possible to keep all of them under my LLC which is in Florida. It means that I...
Hello BP, I have a question about LLC partnerships and tax ramifications. I want to create an LLC to hold title to a house we have under contract. We intend to flip the house. My husband and I both have w2 jobs and so...
Hello,I have invested in a few rental properties in my small Canadian home town and the rules/prices/undesirable areas make it harder to invest in Canada. I am looking to invest in a property near a beach in Florida...
Hello everyone, I wanted to know what the opinion of everyone is regarding incorporating before beginning my investing journey?
If yes, is a C-corp more effective tax wise than an S-Corp or LLC in general?
One of my investment properties is in a neighborhood that has petty crime. The neighborhood is taking action to discourage this. The residents started a fund to put up security cameras on a few pointed corners. I wo...
What pieces of a mortgage are included in "debt" for purposes of D/I ratio? P&I? Or the full PITI? Don't taxes hit the P&L? Not the B/S? So why would taxes and home owners insurance be calculated in debt to in...
Hello, my name is Nate and I am very new to BP community. My fiancé and I are planning on purchasing a duplex in about a year. I will be 26 is November and she will be 25 October. I ha e a few questions so on how to g...
I wonder which BP forum this question is best suited for? Suggestions appreciated. I think it's mostly a tax question?Here's the sitch...We took on a significant single-family rehab that for lack of a better term, "ha...
Hi there! I'm new here. My husband is the real guru, and I'm managing the properties we're acquiring. We're currently screening tenants for a duplex. One potential renter wants to pay with her 401k, requesting disburs...
Okay, when you do a subject-to transaction, do you have the seller secured in the transaction or do you leave them hanging out there?
How do you secure the seller who takes back no equity?
You give them...