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Results (10000)
David Piqueira Choosing a State for LLC Incorporation
8 November 2017 | 2 replies

I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....

Matt Lord Rehab or BRRRR Checklist
7 January 2020 | 2 replies

I’m about to start my forst BRRRR property. My system is buying small-ish row homes and using the brrrr method while personally doing the rehab work.I have a very strong construction background. When I worked as a sit...

Alan Scott Forming LLC in Texas
20 July 2023 | 3 replies

Hello, I am a resident of California. I am planning to buy an investment property in Texas. Can I form LLC in California and use it Texas to own a property? Or must I have a Texas based LLC. What difference will it ma...

Bienes Raices Why do you use an S-Corp for flipping?
13 November 2016 | 32 replies

I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.

James Munoz Looking for tax filing advice in Houston!
23 January 2021 | 7 replies

Hello BP family! 
I have a question regarding getting my taxes filed for my LLC. My team just formed the LLC and opened a business account in the middle of December last year 2020. We have not had any cashflow or pos...

Kyle Reynolds Should I start a LLC for my rentals?
22 December 2017 | 25 replies

So i currently have 3 rental properties in my name only. I am ion the process of acquiring 3 more.I also plan on expanding as often as the opportunities come about. I am considering starting an LLC for the rental prop...

Austin Haygood Banking & LLCs & Property Apps, OH MY!
11 October 2023 | 10 replies

I just recently purchased a duplex in York County Maine. I wanted to open an LLC  in Maine, and am considering one in Wyoming.  I am looking to purchase further properties in the area over the next several years. It a...

Mary Jay 1031 exchange-can you please help?
5 July 2022 | 10 replies

Hi guys,
I wanted to ask you if you have had any experience like that:

I have sold a property that was in an LLC. (one member LLC, I was filing the rental income from that rental on my personal taxes/managing it m...

Account Closed Tax Question: 2 Partnership returns? Can you split a 1099?
16 January 2016 | 3 replies

Hey all,Myself and 2 other partners had a great 2015 starting our rental property business! We have 5 properties all purchased in 2015. 4 Condos-  3 purchased in all 3 of our personal names, 1 purchased in a LLC with ...

Hogan Underhill Organizing My Forms and Documents on a Rental
7 December 2023 | 4 replies

I just bought a house  and turned it into a rental. I created an LLC for this property. My biggest confusion with real estate is knowing what documents I need to file and being organized with my property. I feel like ...