Hi there experts. Hoping to get guidance and info on a new partnership. I am going to be the financing arm of a new build and sell business. My partner will be general contracting at no cost, although he will be payin...

Hey all- I'm in the process of (hopefully) buying a small piece of land for my business. I've done some residential investing and remodeling, but never anything on the commercial side. My primary question is how to fi...

Hi BP members!My husband and I just established our LLC. While filing out the necessary forms and paperwork I've been stumped on a particular item in our minutes regarding Capitol Contributions of the members. Was any...

If you have huge capital gain in 2022 ,say either stock sale or w2 income 100k or 200k etc what would be your preferred way for tax deduction to offset ?1. Buy next rental property to add in your Portfolio 2. buy busi...

Are you limited to $5,000 in expenses in your first year as a business?

I believe there is room for a big storage unit buisness in my town. Was thinking of buying 5 to 10 connex containers that were either 20 or 40 ft long and water tight. Costing 2500 dollars delivered and setup a piec...

When looking at an inspection report do you all generally avoid anything that has a foundation concern? Are all foundation concerns a "no go" or are there levels to this?
The inspection report says "foundation wall l...

Hello BP members! I first like to say what a community! Very good advice on the forums but now I would like your help! My parents are legal immigrants that have established a good dry cleaning business in the metro De...

Keep in mind I'm in a different state than where I'd hold property. If in 2016 I flew out of state to meet with some people and tour neighborhoods. Also purchased some business related items such as printer,  computer...

I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...