Drew Whitson
Owning a vehicle in my LLC: Tax Questions!
My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...
Vernon Trice III
Live in house or Rent?
Hey BP so here is the situation. I currently rent here in Huntsville but I am currently building a home. I said I wanted to get into real estate investing and thought what a good way to do it buy renting out the house...
Kyle Burrows
Sole Proprietorship vs Partnership
Hi BP! My wife and I are purchasing our first rental property and looking to set up a DBA. After researching some information about sole proprietorships and partnerships, we are confused about the right approach. We l...
Colton Reid howard
How to get LLC Loan in Chicago IL
Hey Bigger Pockets!Hope you all are doing well!I have spoken to several banks in the local Chicago area about loans for LLCs. Anything residential will have to be a personal loan and only commercial can be given a lo...
Joe Stout
Running Income and expenses through an LLC
Hey everyone, I've been told a million times to start running my income and expenses through my LLC. What is the purpose of this? I am worried about running it through my business and then becoming less "bankable" to ...
Matthew Apostol
Question on Virginia landlord/tenant law
Hello, I am active duty military, currently stationed overseas. I own a townhouse in Northern Virginia and I am about to become a first time landlord. I am not using a Property Manager. I was reading over the Virgin...
Zlata Ishk
LLC Or Sole Prop
Hello. When purchasing my first investment property, is it better to create an LLC or go with sole prop? Also, are banks more likely to lend to businesses or individuals? Thanks for your feedback.
Ryan Daniel
When to transfer title to LLC
Hello!
When is everyone transferring their titles to their LLC’s? I heard Brandon talking about how he uses private money, rehabs, refinances, and then transfers the title to his LLC. But how are investors getting ar...
Benjamin West
AirBnB Stay Tax Deductible?
I currently have an operating AirBnB in Colorado and looking to do a vacation this winter, staying in some AirBnBs while on the trip. Is it legitimate to write off the cost of the travel and accommodation as business...
Sean Beyrouthy
Spreadsheet for accounting
Hey everyone! My first rental will be up and running soon and I wanted to scour biggerpockets to see if anybody was willing to share their excel spreadsheets they use for all their banking and account purposes to help...