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All, I own my primary residence and have just purchased a new property I am going to be renting but paid all cash so I own it outright. As I build my business i most assuredly will be using borrowed funds. should I ...
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After listening to Asset Protection podcast and having a sizable portfolio, I started believing that now it is the time to move on with systematic approach and long term strategy. As a part of long term strategy, I am...
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Hi BP family, what is the best taxation status for an LLC with 2 members, s-Corp or partnership?
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So I unexpectedly ran into a motivated seller of a mobile home attached to land in Ontario, CA. He is selling for $20k cash and without going through an agent. He said his parents moved in with him and and dont want t...
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Hello, I have been a member of an LLC since 2003. It become very clear that the other members and I must separate because we have grown apart. It is a 3 member LLC. The other 2 are in lock step and make extremely...
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Do I need an LLC before I purchase the property or only once I am ready to start renting on VRBO/Airbnb?
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What would be the most important factors playing into the decision process of a franchise restaurant considering using an option to prolong their NN(N) lease of a property?
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As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...
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Hello everyone!Wanted to introduce myself as a new REInvestor from Southern California! I'm leaving the corporate world behind . . . well soon. I've been really enjoying the discussions and posts on BP and decided to...
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Ok so my divorce is near done and I have about $ 100,000 after the agreement Nd I have selected the area that I wish to start investing in . I have read and listened to the weekend millionaire program which advocates...