The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...
Hey everyone!
I'm a young businesswoman in the western PA area. My entire young adulthood was spent reading about real estate and learning about investing. When I got to college, I decided that going into the accou...
Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
I am finally getting over my analysis paralysis and ready to start my journey. Ultimately, my goal is to build up a portfolio of buy and holds to generate enough cash flow to live on but as long as I’m working, I don...
I recently sold a 4 plex that was held in my name and I want to 1031 exchange into a small apartment complex, which I have under contract. The apartment complex is held in an LLC, single member. Rather than purchase ...
Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
I'm getting ready to go to closing for my first rental property and I am terribly confused. Facts:-I am purchasing a single family rental property with a conventional mortgage from my bank.-I have created a Pennsylvan...
I'm getting stationed in norfolk Virginia soon and desperately want to get involved in real estate there. I want to invest in a duplex and sublet (hopefully using that term right) to people I am around, other military...
I’m looking to learn the note business starting with performing notes.I would like to find a way to do this for a (relatively) minimal entry point of around 10K per deal. I would like to ladder out a few of these deal...