Roman McIntosh
LLC classified as Partnership by IRS
When I apply for an EIN for my mulit-member LLC the IRS classifies it as a partnership by default. It says their are addition forms you can fill out if you don't want it to be classified that way. My wife and I are...
Tom McDermott
California investors in a syndication outside of CA
I have the potential to raise money from investors that live in California. The asset is not in CA, the LLC will not be formed in CA, I am not in CA nor a CA resident.Does the state of California require or necessitat...
Ed Tamayo
Tax sale Gwinnett County April 2017
Hi, If anybody on this forum is going to the Gwinnett county, Georgia tax sale auction tomorrow Tuesday April 4th, 2017. I would like to meet and exchange notes.
Gary Montgomery
Lending and the self employed
Hello BP community. Looking to pick your brain on this:As a rehabber, What are some good suggestions or ways to to secure a loan when you are self employed and don't have the 9-5 gig with salary? Thank you,Gary
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Daniel Lang
3 Questions for a new Real Estate Investor
Still getting my start in investing and I have some questions:
1) If you are buying a multifamily property and it already has tenants, is the current landlord required to turn them over to you, 2) How do you hold sec...
Sam T.
adding end buyer to avoid double tax
OK so wholesaling in Pittsburgh,pa is like having long hair in the 60's either people hate it or don't understand it. even lawyers and people in the industry and getting guidance from anyone here is tough. I'm trying ...
Account Closed
Is retiring on $500k in rental properties realistic?
I've been thinking of buying rental property for a long time but am just now getting into it more seriously. I've read that 8% is a realistic and fairly conservative cap rate, so it would seem that someone could retir...
Nicole Harmon
Investment Friendly Title Company or Attorney in Wichita KS
Any Referrals or Recommendations on Investment Friendly Title Companies, who have experience with Wholesaling.-In or around Wichita KS
David Begley
Question about Securing a House Before, During & After Rehab
I'd like to get as much input as possible, but am especially interested in those folks rehabbing in the east and west ends of metro Atlanta. I currently have a couple of properties in transition neighborhoods - one b...