Bob & Joe, located in Indiana, go into business with a fix and flip LLC an estimated 10 properties a year and BRRR 5. The partnership agreement is to split profits 50/50. We are newer to the business so we are fli...

This is a tax/legal questionex.  My llc is Wyoming llc.  I have properties in MI and AZ.  Do I need to register my LLC in MI and AZ for tax purposes?  ContextI have been registering it in the states of the rentals on ...

Hello BP,

I am a homeowner/investor here in Denver, CO. My partner and I bought a duplex last year using an FHA loan and are currently renting out the other unit as well as a room in our unit. We would like to pus...

I'm closing on my first property soon. It's a property I've been renting for my business for a few years, and there are three other rental units on the property in addition to mine.

Here is my LLC plan:

...

Good evening everyone!I am starting out a partnership with a local builder to build speculatively on lots that I purchase outright. The builder is giving me a discount on the price of the build and I am in turn agreei...

Good evening BP!

Does one need a LLC or any other business entity in order to claim rental property related deductions on taxes? I recently acquired an occupied rental property in NC under my own name and am curious ...

Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...

I am under contract for a property I am buying in the Memphis area for $220k (cash). It's giving a 4% CoC return, and I am considering the idea of just putting enough money down for it to break even on expenses (will ...

New PM with local real estate brokerage. Need to know what best legal business entity to establish as independent contractor? I assume it is necessary to begin with?

I now own 3 multi family homes under my own name. I am looking at a commercial building also, all for buy and hold. I need to start a company because I don't want these in my name and need some protection. I need a...