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What is the best corporation to set up whe investing in multi family units?
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How deep does the hypocrisy run when the Republican party deliberately chooses to cover elective abortions in their employee health insurance package?
http://www.boston.com/news/politics/politicalintelligence/2009/11...
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I recently bought a property at a higher price because of the very high rent it was getting (based on an existing lease). In four years the current lease will come to an end and the rent will go down most likely by 50...
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A friend and I are both starting our own painting contracting companies, and something we were both thinking about doing with our profits, if we are good enough to make high profits, is invest in real estate. But we'r...
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Hi all,
Was just wondering about wholesaling without an llc/scorp. Is it ok to just use your name, and for how many wholesale transactions? I want to use profits for income first but I know taxes can be a pain (I'd l...
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Hi EveryoneJust upgraded to bigger pockets pro and I am very excited. I have my eye on a 2 family and would like to present some kind of professional looking proposal to the listing agent for a seller finance deal.Do...
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I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...
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I'm not sure what my options are... I just bought a $171K SFH, rental-A, using 75% mortgage and 25% cash down. I spent $18k fixing up rental-A, rented it, and am getting good cash flow. I'd like to pay myself back th...
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I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?