Looking into a self-directed IRA with Guidant Financial. Is anyone familiar with the tax regulations and process surrounding purchasing a property through a self-directed IRA and transferring the property into an LLC ...
Hi. I’m a newly minted GC in North Carolina. I was curious about building a couple of 1-story condos. My main questions revolve around establishing the HOA for the property. I would want to establish the HOA and have ...
Hi All,I was wondering if you could help me analyzing this deal.It is a multi-family (4 units) that is owned by an S-corp through a land contract.We would be buying the S-corp for ~$20k and would continue the payment ...
I started a business as soon as I got out of college 3 years ago. Year 1 we took a loss. Year 2 we broke even. Year 3 we did very well netting over 40k According to my tax returns my business hasn’t been the most prof...
Hi, BP. What licenses do I need to have to operate a rental property in Fort Wayne, IN? Do I have to apply for a tax ID? Register the property?In short, Is there something I have to apply with the city after I purchas...
Hi BP gang!I am purchasing a two family home in Jersey City. I am buying both units using 2 separate mortgages. I will be living in one unit and renting out the other unit.What are the pro's and con's of structuring t...
Hello Everyone, I have a quick question about how to set up a company structure when dealing with managing properties in multiple states. I have a property management company established in Maine (where 90% of my rent...
Hello BP!My partner and I is formulating a business that will do both buy&sell and manage rental properties in New Jersey. The long term business behind it is property management after we purchase the rental, put ...
Investment Info:
Other hard money loan investment.
Purchase price: $95,000
Cash invested: $140,000
Sale price: $525,000
I own the 1.2 acres outright including the adjoining 17+acres, utilities to...
I could be off, but there's not a single post on structuring LLC's internationally on BiggerPockets.
The US, a litiguous society, has a pretty decent deal to protect yourself through LLC's, but that's not the...