Cecil Russell
Effective but inexpensive method to form a business?
I have notices in the past 10 telephone calls to seller that many are hesitant to enter transactions with someone as inexperienced as I. I would like to form a business structure to operate within but not sure which i...
Navid A.
Mileage deductions in a multi-member LLC
Hey BP,
How do mileage deductions work in a partnership structured as a multi-member LLC? Are the miles I drive only deductible to my share of the rental income or is it deducted from the total income of the LLC fir...
Mark Ehause
It ought to be LLC???????
Hello everyone,I am a new real estate entrepreneur in the process of creating a magnificent business plan. I will invest into apartments or condos and then manage the properties. I have made the decision to chose an L...
Kyle Miller
Vague piece on using online brokerages/fsbo... Thoughts?
I'm a relatively new agent. Came across this article outlining some online home selling services . Are these companies actually gaining in popularity? Anything to be worried about? Thanks
Raj Patel
Looking for some advice on my brand new LLC
Hello all!I was preparing for my first fix and flip investment. In the process, i decided that i should create an LLC. I went ahead and set it up as a multi-member because i have my cousin as a partner on this firs...
Account Closed
New LLC - Completing your Minutes
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...
Quincy Ford
When to properly use an LLC
Hi all, I am brand new to the real estate game and to the bigger pockets family, but hungry and eager to learn as much as possible. Currently located in Florida, I am looking to get going by finding my first rental un...
Alex Kamunyo
Real Estate LLC Advice
Hey everybody,Does anyone have any advice for starting an LLC with partners? Our intention is to create an LLC to hold a few rental properties in. What should we make sure to include in our LLC as far as operating agr...
Jason Malabute
CALCULATE INCOME GROWTH OF MARKET
How do you correctly calculate the income growth of a market over 10 years? a) add the percentage change of the personal income for last 10 years divided by 10b) (2016 personal income- 2006 personal income)/ 2006 per...
Jeremy W.
How do you survive and thrive with STRs during hard times?
It seems like all of us are struggling to some degree. Here are some guide posts to survive and thrive in hard times. What more can you think of?--Run a Light & Tight Ship
“Perfection is not attainable. But if ...