Hi All, my name is Solomon. I currently work full-time -- your standard 40 hours/week "9-5" (well 7:30-4pm to be exact). After reading Rich Dad Poor Dad, I'm determined in setting myself up for a good future by havin...
I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...
Hi BP Community,Just wanted to get some opinions on this question!My wife and I own a vacation home in New Hampshire. We currently do not rent it out, and we are interested in moving it to an LLC. I am aware of the ...
BPers, sigh... I thought I did my due diligence, but apparently not so. We bought a house in Hampon, VA, it is 15 min walk to the beach. Instead of putting it in the rental market, I wanted to try airbnb it. So I rese...
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental in...
I just purchased my 4th rental property, and currently own all properties under my own name...no LLC. I know there are different schools of thought on how to structure the business. Does anyone know a fair, reasonab...
If you read my intro you know that I am somewhat new to real estate. I have never “invested” in real estate except for my homestead. I know a bit about real estate as my wife is a realtor.
Here’s my question. ...
Good afternoon!
We are currently structuring our Real Estate Investment company. There is seemingly a variety of recommendations as for how to establish this entity. Is there any advantage or disadvantage that comes...
Hello - I have on the market to sell a 2 acre corner vacant land the Seattle/Tacoma area. I'm a little hesitant to sell because we've gotten offers from the corporate department of large global gas/convenience store o...
Hi BP family! I am just starting out and put my first offer in on a condo that needs minimal to moderate rehab in my hometown of Marlton, NJ. I am planning on house-hacking it for about a year before hopefully movin...