Hector Lewis
Starting a LLC but own properties in multiple states
Hello,I am going to start a LLC but I am not sure what state I should 'open' it in. Do I open it in the state of where I live in or in one of the states of one of the properties that I own?Thanks,Hector
Ghanee Smith
Newbie Investor looking for advice
Hi,
I currently live in Denver, CO and I have an LLC listed here. I am in the process of buying property in different areas across the country including Chicago, Philadelphia, DC and Denver. Should I form an LLC in...
Brandon Paul
Buying in an LLC and bank accounts
Have a LLC and want to buy through it. Do you have to have funds in an business LLC account for the LLC or can you show personal funds and submit to buy in the name of the LLC.
How do you set up your accounts since ...
Evan Zeigler
Do we need a CPA for this tax season?
My wife and I are both W-2 employees. We just started working midway through this year between a couple different jobs. I have held two jobs and she had income from our university in the form of scholarships and one j...
David Egger
Section 179 Question - Vehicle Purchase and using mileage on previous vehicle
With the section 179 deductions, I know I'm allowed to accelerate depreciation of a vehicle based on business use. However, the vehicle in question was purchased in mid-December 2012, and I only put a couple hundred ...
Marsha Burks
Tenant began minor auto repair & cleaning in garage - RISKY ?
After move-in, one of my tenants began a business of purchasing used or auctioned cars, doing minor repairs and cleaning in the garage, and transporting to a used car dealership to sell. I was not aware of this activi...
Claudia Berman
Newbie From CA
Starting with apx $40-50K cash, should I look into a rental property or flipper?
Craig Jones
Contractor / investor financing
General contractor in business for 40+ years with an opportunity to acquire someone else's unfinished rehab for ~$2M with an ARV of $4M - $6M depending on whether we finish the existing project or tear down and start ...
Ryan Battista
Charlotte Newbie looking to partner w/ private money!
Hi BP, Before I start making some offers on properties in Charlotte I would love to meet with any private lenders that are financing fix and flips in the area. I am looking to purchase for 250k and below and will have...
Justin Foster
How should I outsource bookkeeping?
I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20 SFR and small MFH units. Here's some background. 1) I suck at bookkeeping. I'm in the process of getting everything cau...