Did y’all find giving your Company a clever name had any positive effects on your company or do y’all just keep it simple and not put to much thought into it ?
Could someone please put in layman's terms the tax advantages that a Real Estate Professional enjoys in real estate investing? Thanks.
Dear Biggerpockets Community,
I have come across an amazing deal and would like some input on how to structure the financing.Currently i have my boss as my main investor for my flip deals but this is a buy and hold. ...
Hi All 👋I’m looking to form an LLC and make a purchase within the next year. All CPA/ lawyer referrals in south Florida are much appreciated. I’ve watched a lot of content lately including Pace Morby who recommends an...
Hello!I am looking for referrals of good investor's real estate agents who specialize in finding deals for SFH mainly for rental purposes. Any help is appreciated. Please let me know and I can get in touch with you fo...
Greetings,
I am new to investing and currently have had my first rental property for almost two years now. It was my wife's house prior to our marriage and instead of selling we decided to rent the property out. We ...
Greetings all,As you know, the 2-Out-Of-5 year rule says: you must have lived in your home for a minimum of two out of the last five years before the date of sale in order to take an exclusion from capital gains upon ...
Hello BP,
I have recently purchased a triplex (which was converted from a SFH). Its a 2bd unit on the main floor, and two 1 bd units in the lower level (formerly walkout basement). The utilities (water, electric, gas...
My question is primarily directed to buy and hold investors who purchase each new property with its own entity (I imagine most will be LLC’s).
Do you also open a dedicated bank account for each entity for the purpos...
Hello all,Upon research I have stumbled across a thing called a disregarded entity. Let me give a little background. I plan to become a buy and hold investor starting out in Ohio state living in California. I am going...