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Results (823)
Ashley Crump Newbie investor looking for the best REI books for beginners
17 February 2020 | 14 replies

Hello everyone, I am 28 years old and just getting into real estate. My short terms goal for the next 1-3 years is to obtain 1-2 multi family properties to rent out. I am planning on saving 20-25K for my down payment ...

Account Closed Best practices for bookkeeping if not under LLC
22 February 2020 | 9 replies

Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...

Dennis M. Newbie to BP looking for connection to start investing in US markets
24 July 2015 | 6 replies

Hello there everyone, very newbie to this great web site BP and still trying to navigate to it. I have few investment properties here in Ontario but all are single family homes. I am trying to invest in US (single fam...

Garrett Bailey S-Corp is it worth it?
19 June 2018 | 10 replies

I currently own 4 duplexes and 1 sfh as a sole proprietor. I’m wondering what the tax implications are if any for adding all under an sCorp. Is it worth it?

Thank you,
Garrett

Amaya T. How can I separate myself from LLC yet still purchase w my money?
3 February 2016 | 6 replies

Newbie question. Forgive me if already posted. I'm looking to start investing but am a bit confused about asset protection via LLC yet using my own funds and credit to purchase a property. My plan is to follow the BRR...

Tuba Warden Investing in Chattanooga
13 September 2016 | 13 replies

Hey everyone,I wanted to introduce myself a few months ago, but I decided to wait until I had my first deal. I have a very demanding FT job and big passion for RE investment. After many hours of reading, listening, le...

John West Tax benefits to 50/50 LLC
11 October 2017 | 4 replies

Me and a partner formed an LLC earlier this year. We wanted to start investing in real estate and my partner has a few large assets he wants to protect. We split everything 50/50.

We are closing on our second proper...

Johnoson Crutchfield How Tax Returns Affect Real Estate Investor Bank Financing
20 July 2019 | 15 replies

I don’t see a clear answer to this on the forums.  I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.”  What does this mean?  How do you make sure that you ...

Account Closed Wealthability & ProVision - buyer's remorse & need advice
26 December 2021 | 11 replies

Recently, I had an initial call with Wealthability (Tom Wheelwright's new company, closely tied to ProVision). After the initial call, I was presented with an option to purchase lifetime access to their My Tax-Free We...

Thien Tran Newbie from Bay Area California
6 August 2018 | 12 replies

Hi Everyone!I'm new to the BiggerPockets community and very excited to join. I'm currently working for a startup in SF and have been really interested in venturing into real estate investing. I'm looking to learn more...