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Hi BP,I'd love to get this thread started.What are the best practices/ strategies to starting LLCs in the most tax "beneficial" states for their businesses? Why or why not? Great question to accountants .What states a...
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I have a Delaware corporation doing business in California. I could sell shares of corporation to a new partner.But I really just want to partner on the flip. We purchase the flip using the corporation and all account...
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Good afternoon BP community. I have a question regarding a situation I’m in and maybe someone can give me some input from their experience.I have a specific property I am interested in and already saw it. For about a ...
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What is the best way to convert ownership of properties to an LLC... I own all the properties outright, no mortgages.Also, if Trump's bill passes and the corporation tax is set to 15-20%, does that mean it would affec...
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I'm a US citizen and Canadian permanent resident who recently emigrated to Canada, and I am planning to buy rental real estate in Ottawa. I am hoping for duplex or large single family house where I would live in one r...
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I'm currently house hacking with an apartment attached to my primary residence camo and my fiance owns her own home that we currently rent out. I'm also partnering with my brother going forward, aimed primarily in the...
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Hi, Here is the situation. I had a free and clear property under a one of my LLCs. Begging of 2009 i sold it to a friend of mine and we put the title under his LLC. Now we have a new business together and want to move...
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So I have done a few flips now but they only come along every few months how do I take this to the next level where I can do 1 flips a month or more
I live in the southern Maryland area and I am planning to purchase a property in Baltimore possibly with one other person. I currently have a LLC but the person who would pretty much be my partner is not a member. Wou...
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Hello everyone my name is Christian Robbins. I am a 21 year old entrepreneur located in Salt Lake City, UT. I am currently a Logistics Manager at DAS distributors and have launched my own apparel company but am branch...