Eric Justice
Buying property-All Cash
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
Irakli Khakhviashvili
Working with real estate agents
Hello,I have a hard time understanding how to work with real estate agents when buying a rental property. I have read in books that having your agent when shopping for houses plays a vital role in successfully closing...
Rich Hupper
Online Stock Investing Platforms
Hello BPI know this off topic and understand if no one really knows but I am looking for online stock trading platforms like e-trade or scottrade. I am trying to figure out which ones are the least expensive to deal w...
Nate Mac
Flipping- Repairs in 2018 are cost basis for Sale in 2019?
Background: Created LLC partnership in 2018. Purchased a Home to renovate in 2018 and sold it in 2019. Purchase Price: $60,100 In August, 2018Renovations: $30,000Utilities: $ 2,000Property tax: ...
Harry Williams
Being the bank in your own multi-family real estate deal?
I am considering a partnership with a real estate investor to buy and hold multi-family real estate deals. We will call it "XXX Company" for example. The partnership is 50/50 (as defined by our operating agreement), a...
Joshua Davies
International Tax Attorney/CPA
Are there any tax attorneys/CPA’s on BP with international experience?
I am setting up an LLC for rental property investing with 2 partners from the UK. I am under the impression that the LLC must withhold 35% as it...
Kole Kingslien
Best way to pay yourself from an LLC for small contractor
Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
Magdaleno Garcia
Whole life insurance
I’ve been hearing a lot about whole life insurance and how you can use it as your own personal bank to finance real estate deals. Can anyone expand on this and does anyone recommend a good whole life agent to work wit...
Natasha Rooney
Learning about investing! Canadian trying to invest in US real estate
Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...
Andres Rossini
Do I need a special real estate agent to buy a foreclosure?
I am wanting to buy my first rental property. Looking to buy Foreclosures in phoenix, Tempe, chandler, Scottsdale area. Can any agent help buy a foreclosure or should I go with a specific agent for Foreclosures only? ...