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
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...
William Allen
The Science of Achievement: The Recipe in 6 Steps
I have read many books, gone to workshops, and listened to people at the top of their game in a variety of industries. What I learned is that though a process can be individual, there are principles anyone can follow ...
Bob Avery
Understanding BP Lease Fields
Hey folks! I'm working on my first rental and trying to understand the best practices for how to use the template leases I can find. For example, below are three sections from the BP landlord forms lease. For (C) (ii)...
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...
Corrie Winter
STR Loan with 10% down and transfer title to LLC
Hi All! My husband and I are looking at investing in a first STR property in the US, looking in AZ, TX and FL at the moment. We are definitely wishing to ultimately hold this property (and future properties) in sepa...
William Clark
Presumptions and assumptions
Grab a cup of coffee.My name is William Clark. I'm a medically retired Marine of 15 1/2 years of honorable and faithful service to my country. I do NOT share that for any pats on the shoulder, but to establish backg...
Sai Kopacek
Help getting a LLC - Yes or No?
Hello everyone!
I am signing today to sell one of our live in flips! I will be using the proceeds to possibly buy a great cash flowing duplex close to our current house. As of right now, all the properties we have pu...
Todd Michael
Reporting 1090-INT income on 1040 for single member LLC
In 2014 I created a single member LLC for the sole purpose of using to invest in crowdfunding opportunities. Since its a single member LLC and for tax purposes is classified as a sole proprietorship LLC, all revenue...