John Ala
I can't get a commercial loan
The company owns the property, so that makes the loan a commercial loan. The business is only 1 year old and so no one want's to talk to me. I only need 300k so the amount is too small. How the heck is BRRRR supposed ...
Sunny C.
Mileage Tracking App
Hi, Please suggest the best mileage tracking app. (Preferably free)What mileage tracking apps do you all use? Why do you like that particular app?Thank you
Gavin Majors
Per diem food write off
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
Bryan L.
Transferring funds between your businesses?
I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
John Dreher
Form an LLC for flip in Philadelphia?
Hey BP, I’m looking for advice on my first deal that we just got under contract. It is a flip, and basically I'm wondering if I should form an LLC for this deal. I know of investors that will form an LLC for every ho...
David Smith
For 1031, shall I buy in LLC or personal names?
If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031? They can mix up.If you buy each in different LLC names, easier for 1031 tax purposes. ...
Rob Cucugliello
Rent from yourself
Trying to figure out a few things for a situation my girlfriend and I are in. It’s a great situation, but rather complicated and hoping for some guidance. We found an amazing 4 unit mixed use multi unit we want to liv...
Ruchir Kaul
Do Bridge Loans or Private Lending Only Lend to LLC Entities?
Hi Everyone,
I have a property I'm interested in Indianapolis but running into an issue with funding. This one is an off-market deal that is currently tenant occupied rented in a month to month lease. However the cur...
Deepak Gupta
What would be the best entity to hold a real estate SFH?
hi,I have 4 SFH home rental properties with lien directly under my name. many people recommended me using LLC to mitigate risk ( however LLC still is pass through entity) so not sure what risk does it mitigate?Can the...
Juan Figueroa
New Investor Tax Help
Hello, I am a new investor. Purchased a property in Vegas with a partner. I created a LLC prior to the purchase. Need help / advice on how take advantage of my using LLC for tax purposes. I am completely lost. I...