Kevin Gerace
carrying a house over into 2016
So I flipped my first house this year. (Yay) But it hasn't sold yet.(boo)So that means I'll be carrying it into next year. What is the process, or form, for doing this with my taxes.Here's my issue, I own my own elect...
Michael Schaffer
Gas Station Purchase - Newbie advice
Hello, my name is Michael. I'm new to this community, and new to investing in general.
I've recently saved enough resources to purchase my first business, which I'm considering to be a gas station.
I've done many o...
John Vietmeyer
Did your LLC work for you?
Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward. I actively manage ...
Spenser Murphy
Opening Business Bank Account
I need recommendations for banks with free business checking accounts. I don't want my investment funds eaten up by junk fees.
Laurence Obi
CREDIT CARDS FOR MY CURRENT REHAB??
Hi Bigger pockets family,
So.... I am considering getting two $40k limit credit cards and using them for my rehabs going forward.
Question is, some of these will have a 0% APR for the first few months and this will ...
Derek Bell
Cost segregation for taxes
Has anyone done a cost segregation for a tax year?
I will have a 750k+ tax bill from a warehouse I sold and from one of my businesses I sold this year. I have not looked too much into a cost segregation, but I am won...
Bobby Holley
How to Buy a Friend's Home
A friend of mine recently took a job that will move him from Atlanta to Charleston, SC. He has lived in a nearby neighborhood for 20 years. His home is very dated and probably one of the worst looking homes in the s...
Craig Barker
Financial Section of The Business Plan
So, I have been working on my business plan and I am stuck with many questions. First, my plan is aimed at apartment complex's containing 15 to 50 units that need very little rehabilitation. With so much variability, ...
David Hite
Help deciding on type commercial tenants!
Good afternoon all!So, I build a commercial building from the ground up that finished May of 19'. I occupy 50% of the building (~3,000 sq ft) with my Medical/Optometry Practice. I built the building to have ~3,000 ...
Phillip Richardson
Franchises
Hello everyone:I am a recently new member to BP, and wanted to reach out to the Bigger Pockets community and seek advice regarding Franchises. I am looking at acquiring a commercial property on a heavily trafficked lo...