Curtis M.
Creating LLC for individual properties or all of them?
Is it better to create individual llcs for properties or have all of them under one llc? I was doing a search but wasn't finding much. I apologize if this question has been asked before.Thanks,Curtis
Account Closed
What to do with our Property (Corporation, LLC, Individual)?
We flipped a house out in IL (I live in CA), and it's not selling right now. We don't want to lose money on the house, so we're considering turning it into a lease option. We have a HML for the property right now and ...
Cassidy Burns
Keeping Track of Individual Unit Month to Month Expenses
Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like. Not being a complete expert with excel h...
Denis Brown
offloading properties better to do as portfolio or individual?
I have 3 rentals properties that I want to offload so I can buy a wharehouse needed for another business. Does anyone know how to sell all at once in one deal?
Nathan Krehbiel
Staring out - looking to network with like-minded individuals
Hello BP world!I am new to BP Pro and wanted to start 2023 on a positive note with networking with some like-minded people in my area!I anticipate 2023 being a great year and am excited to get started. I was wondering...
Jason Mak
Transacting Real Estate as an Licensed Individual in California
Hi BP,Have a question that I can't seem to find the answer to anywhere else. I'm an investor but I recently became a licensed real estate broker and realtor in California. My current management/investment company is ...
Stacy Jackson
Own More Than 10 Homes In An Individual's Name
Is it lawful in Texas to own more than ten different homes in an individual's name? Must the homes be transferred into the ownership of a company-like entity? Thanks for your help.
Juan Contreras
Is the $25,000 special allowance only for Married individuals?
I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...
Jared McCullough
Buy Rentals through LLC or Individual (Loan/Deed Questions)
I am currently in a LLC with (2) other partners. Our first house purchase was a cash purchase done prior to the LLC being formed so the deed was drafted in (2) of the (3) partners name at the time (i.e. dumb decision ...
Marsha Burks
Judicial Sales Chgo - One individual winning most auction bids !
I attended an auction at The Judicial Sales Corp in Chgo. I'm looking for buy/hold property for rental income to supplement retirement income. I thought auctions would provide the best options for deeply discounted i...