So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
I'm looking to take out a loan from my self-directed 401k, but I'm curious as to what interest rate to charge myself. I actually want to charge myself as much interest as possible since I'm not planning on contributin...
Hey Everyone! Here is the lowdown:Purchased an investment single family home 2bed/1bath in North Park that was well under market value due to repairs needed and being built in 1928. Purchase Price: $585k with a $100k ...
I looking at a 12 unit building. Location is very good, walkng distance to a lot of things, major super market near by. Previously asking 500k, 10 days ago price dropped to 450k. Owner has a 275k assumable mortgage @6...
The seller is asking $749,000 for this property, the tax assessor has it at $627,100, I've analyzed it at $600,000. It needs some exterior work, and what appears to be a minimal amount of interior work. I've only b...
Hey everyone in the BP community, First and foremost I want to start by saying I have zero experience in real estate or any form of business ventures. I do however have an increasingly growing interest in it. Finally ...
So my partners and I have decided to start the formation of an LLC so that we have a business entity to protect our assets.
I understand that the Articles of Formation are a few hundred dollars, b...
Do people still buy property in California for any reason other than the weather? Seems like everything else about California sucks. High taxes. Soft on crime. People just stealing whatever and whenever they want. Hom...
When entering information on my Turbo Tax Premiere software I see a screen that asks the following: If this business shares common ownership and operates co-operatively with another business, you may want to report t...