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Hi, I am on my first flip, live in WA state found a partner in Ohaio, the rehab is in OH. I opened an partnership LLC, and I am learning now about taxation it will be treated as a dealer and not as an investment. I h...
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When setting aside money for Capex, Vacancies and maintenance, should you use multiple bank accounts? Is it best to have a bank account for each property or one account per LLC? What do you find to be the most efficie...
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All:I'd like your help in structuring a creative solution to buy a 6-plex that is physically in good shape, though financially it's a mess. Here are the details:"Ask" price is $299K, though Seller's Agent has suggest...
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Hey BP,I've got a question about how you all structure partnerships. For example, say I want to partner with an investor. I would assume I would set up an LLC and we would determine ownership %s based on capital contr...
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Hey BP,I have just found a quadplex last night and I wanted to see what you all thought and if you had any insight into what I am trying to do. I am looking to get a partner on the place for just the down payment of t...
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Good morning BP FAMILY!! Anybody know a structural engineer in the DC, MD, VA area? I need one to check out a property I’m interested in buying.
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Hello BP community,I am putting together a proposal for a rental property investment for a foreign national with 2 proposed financing options:30% down payment, the remaining balance financed or Cash purchase.Per my ma...