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I am wanting to loan $100K to an LLC that buys, remodels, and sells houses. The borrower needs to secure the loan so that it can deduct the interest paid to me on its taxes, right?If yes, can the borrower secure the l...
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Hello so I am currently working on a deal for purchasing a commercial/residential property and the seller is willing to do a seller financing agreement with good terms. My question is I recently opened an LLC and am t...
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Hi BP -
If there is black mold in a house that you bought, how is this typically handled when flipping or BRRRRing? What happens if your contractor finds it, covers it up without telling you, and then the tenant f...
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Would anyone have an advise regarding renting a home to traveling nurses? I have a 3 bedroom home and am looking to move in with my partner early 2024. I do not want to sell my home as I have children and was very clo...
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Hi guys -Looking for some quick advice - Would you use HR Block/TurboTax over a RE Tax Preparer if you were a small "start-up" in 2018? Why or why not? Thanks,John
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I realize there is a Do Not Call Registry for phone calls but does that also apply to texts? I can find nothing specific in Massachusetts case law. Any general comments on the effectiveness of text/SMS marketing als...
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I currently have two LLCs. I have my Wyoming holding company and that owns my wholesale LLC that's owned by me and my partner. How do I have them filed as? I am new to the LLC world and I hear a bunch of different thi...
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Investment Info:
Single-family residence fix & flip investment in Riverside.
Purchase price: $240,000
Cash invested: $308,000
Sale price: $367,000
Welcome to the Tyler Beauty Project in River...
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I am thinking about signing up with erentpayment.com and have a couple of questions. I know some of you on here use this company so hopefully you will know. I understand this is a one person operation ran by Rick. Is ...
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Help fellow BPers!Here is my situation: my father is trying to retire and owns an auto repair shop in Madison, Wisconsin free and clear. It is about an acre in a high traffic area and would be a great place for condos...