Dan Grove
LLC and accounting starting out questions
I have been reading a lot about LLCs and am having a lawyer set one up for me as we speak but there are gaps in my knowledge of the steps to take next. I am investing out of state in pennsylvania. I think this is th...
Justin Kushner
Business Checking Accounts, Credit Card’s & Logistics
Hello, BP Community!Okay- Here’s what I’ve got...Let’s say, for arguments sake, you’ve got 5 LLCs all holding SFHs. AL LLC 1AL LLC 2IN LLC 3IN LLC 4IN LLC 5Now let’s say you’ve got a WY LLC Holding Company, parent/pri...
Ahmer Khan
Having a bathroom entrance right next to the kitchen
Hi all,I'm starting off on my investment journey and am looking into putting an offer into a duplex in Cleveland. The place I'm interested was renovated recently but when I looked at the pictures closely, I noticed t...
Matt Mariotti
Should I set up an LLC???
I am getting ready to do my first flip.. I am hearing some mixed thoughts on whether or not to set up an LLC. While I understand if you have a large amount of assets it is a good idea to set up an LLC, I just graduat...
Ed O.
Wastewater and wells in MHPs and Tiny Home Communities
I'm curious to hear how these are set up in newer developments where city water and sewer are too far away. Sewers to me are a foreign concept as I've been fortunate to always be on city water and sewer. What would a ...
Phil Hartten
Question : Need info on a Disability project
Hi.....I seek homes for folks that are wheelchair/ADA/Disability set ups. I did this in OHio and now I am in Naples Florida.My question is have you modified a kitchen and master bathroom in a home or condo? If so, c...
Jesse Li
Tax question
I have a condo I transferred from my own name to my own LLC. I was renting it out before and still rent it out now. There was no money changing hand, only the owner name changed.Does anyone know how to deal with it re...
Haider Abdullah
Legal structure for flippers
Hello BP community!I run a real estate matchmaking fund: we find deals, get people to invest, manage the end to end process - while buying in cash only (we don’t take any leverage/debt)We are flipping about 2-3 deals/...
Aaron W.
1031 Funds and Syndication
1031 funds are not allowed to invest directly with a syndication as a LP. I've heard that one can use a Delaware Statutory Trust (DST) or Tenant In Common (TIC) to partner with a syndication. Anyone have experience w...
John A.
Separating Gas Lines For Tenants To Pay?
I'm looking to purchase an 18-unit apartment building. I am trying to find ways to reduce my gas bill. Can I split the gas lines and have my tenants pay it? How would this procedure work and would I really need a boil...