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...

Hello BP community,I’m looking into buy & hold properties in the Dallas Ft. Worth area, but I’m concerned about the high property taxes in Texas. Can anyone tell me about the “basic homestead exemption”? I’d like ...

Hello All, I have a newly formed LLC that I'm going to use to manage my one current rental property and all future rentals that I hope to begin acquiring in 2017.  I just formed the LLC and opened up banking accounts ...

My question is specific to Texas since I assume the answer may differ from state to state. However, I would be interested how other states handle this as well.

I understand that a DBA can be filed at the State level ...

Quick question for those who are familiar with Alabama tax laws...for an LLC partnership that has done no business in 2017 (it was started last year but no deals were done underneath the LLC) is it still required to f...

I have $200,000 in regular income for a separate business and $200,000 passive income in real estate investments business and my accountant files them together. Shouldn’t they be filed separately? By filing together i...

I started dabbling in wholesaling a few months ago,I do not have an LLC. I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “. 

There seems to be some conflicting information online regarding when 1099 forms are required for small landlords (see link below). Does anyone have a definitive answer on this? Would I need to issue a 1099 form to my ...

I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank acc...

Hello fellow South Carolinians, I am attempting to file my Doing Business As (DBA) and working my way through registering at the multiple counties and municipalities that require a business license.I filed a business ...