Lamont Marable
How to structure a JV
Hello Big BP! How would you structure a deal if my partner is bringing in all the risk capital, DP and CC to acquire a 4-plex that we’re planning to convert it to 5 units? I’m thinking 95% to 5% as without him the p...
Stu Lyn
De Minimis Safe Harbor "expense" taken for rental property asset?
I use Sch E for my rental income properties. Assume the following:
Rental property valued at less than 1 Million and my wife and I have an AGI of less than $150k of total income.
I'm not a professional RE agent. B...
Seth Baumgartner
Best Mobile Banking Today.
I love my phone, the usefulness of a smartphone can not be overstated. Being able to whip my phone out while in the middle of the Atlantic and look at the weather, or send my mother $400 in seconds is amazing. I norma...
Seth Goins
Real Estate Wholesaling (Beginner)
I’m 18 y/o with 2,000 dollars in my bank acc, Ive been working on my first wholesale deal but have been struggling to find leads, I’m looking for a sort of mentor or just some guidance.
Melissa Ford
LLC business account question
So I have a LLC business banking account debit card. This is my first year with it and I think I made a mistake. I was buying groceries and realized I forgot my personal debit card at home and had no other means of pa...
SHAWNA FITZPATRICK
Newby
Hello,I am new to biggerpockets.com. I have an extreme interest in Multi-Family Real Estate Investing. My geographical area of focus is Bell County, TX. I am looking for all the advice I can get in reference to Real E...
David Street
Partnership Accounting/Tax forms for STRs
Hi everyone! My dad and I just purchased our first property and have began the process to convert the home into an STR. We created a partnership tax ID and private banking account. We set up the partnership agreement ...
Steven A Provanzano
Business Banking - Bank Selection
Hi,I'm new here, looking to get infrastructure in place before investing in a property. I'm curious if anyone has suggestions/criteria for selecting a bank for a business banking account. Different bank then persona...
Shane Allman
Escrow account for rent Question
I think I know the answer but wanted to verify with more experienced investors. I bought a condo for my daughters to live in while at college and will keep renting after they are gone. They have 529s to use to pay...
Dallas Theobald
Bossier City Project
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $144,900
Cash invested: $13,000
This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA. This move-in rea...