Alex M.
Help! Forming LLC taxed as S-Corp
In need of some expertise here. Thanks in advance.I have 6 rental units in NYC that I airbnb. Im also looking to buy a house for airbnb, likely in Tennessee or Georgia with an investing partner.Question:1) Should I f...
Elly Rudolph
Is it OK if LLC (Beneficiary) of Land trust not on insurance policy?
Hello,I have rentals in Indianapolis, IN. A Land Trust owns the properties. The beneficiary is foreign LLC of Master LLC. I am the trustee. The insurance I have does not allow me to add LLC as additional insured. ...
Carlos Jonathan Fuentes
Agents who find deals for investors...
Hey BP! I was curious to see how agents who find deals for investors get paid. Do you, as the agent, get the investor to sign a buyers agency agreement to ensure a commission or do you get some type of referral fee to...
Steven W.
Loaning 401K Money to Fix/Flip Properties
Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
Jeremy Porter
Essential Records Tenants Commonly Request from Property Managers
As a property manager, my responsibility extends beyond the day-to-day operations of maintaining a property. It also includes ensuring the maintenance of accurate and organized records, which is vital for effective pr...
Mark H.
Which EIN on 1099-R ?
Hello BP members,I have a business with a solo 401k plan, I'm the plan trustee. As a plan participant, I took an early distribution out of the plan last year. As a plan trustee, I am filling out the 1099-R form. Do I ...
Jarrett Gilliam
Land Trusts vs LLCs
Hello all. My understand ing is there are three main approaches to asset protection and anonymity. 1) Wyoming(WY) Holding LLC purchases properties and leases them to individual LLCs (Operating Companies).2) The WY Hol...
Marc Belisle
Start an LLC? New to real estate investment
Hello all,My wife and I have decided to put our first home together up for rent as we are closing on our new home. The first home is under my name only. Now that it will be an investment property, I'd like to look at ...
Brock Butler
References for self-directed Solo 401K providers?
I already have an LLC and I want to set-up a Solo401K with check-book control. I will make investments through a brokerage account as well as non-traditional real estate investments.
The providers with the least exp...
James H Webb III
How to find wholesalers in an out of state market?
I am looking to connect with out of state wholesalers and have yet to deploy a strategy that has been efficient. I have posted on BP, joined multiple Facebook groups, and reached out to local agents in the markets my ...