Rafael Brown
How to structure a partnership
Hi all, I am currently in a great situation. A good friend of mine has a ton of capital and is eager to start investing with me. However, I do have a question regarding the structure. He is contributing 100% of the ca...
Chase Patton
Converting a single-family home to a multi-family home in NYC
I've been looking into multi-family homes in the area and am finding a lot of single family homes that are set up to be multi-families, however aren't legal ones. The zoning for most of them is R6 (not that I actually...
Mike Geier
Tax Structure? and has anyone used Turbotax for Business?
I'm closing my first deal at the end of this month. I'll be doing all transactions from a business account set up under my LLC.Any recommendation on whether I should set up my LLC tax structure as a sole proprietorsh...
Lisa Johnson
Opening a joint bank account
Hi everyone, I am getting ready to launch my career in flipping and this one issue has been on my mind. I have built my team; I am the PM / Designer, my contractor, my Realtor and my investor. It is probably a very...
Kirsten Braddock
Best business entity for wholesaling?
I'm looking to set up a business entity for wholesaling. Should I use an LLC or a c-corp or s-corp. Any recommendations? I've also been looking at using services from either Anderson Advisors or ProVision. Has anyone ...
Quincy Ford
When to properly use an LLC
Hi all, I am brand new to the real estate game and to the bigger pockets family, but hungry and eager to learn as much as possible. Currently located in Florida, I am looking to get going by finding my first rental un...
Robert Keeling
Rentals, LLCs, and taxes
Curious to know where you guys would point me in the world to find the right person to talk about this with. I don’t expect anyone on here to give me tax advice, but if you have credentials to back up your advice I wo...
Noah Wood
When and How to setup an LLC
Hello, posting this in the pro area in hopes of getting some expert opinions! I plan on doing fix and flips and maybe some wholesales for now, with that said I have some questions and would really appreciate if anyone...
Gretchen Quinlan
STR Direct Bookings, PMS, SEO, API/Tech feedback
Hello! I'll be launching my first 2 STRs in in the next couple of months and would like to set myself up from the beginning to not be completely reliant on Airbnb. I understand listing on Airbnb is necessary, but thi...
Robert Duffer
Asset Protection Strategies
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...