Shaun R.
Why is it so hard to think of a business name?
I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...
Jon Lafferty
lower rent with 2 year lease
Hello I have a rental in a C to C- area in town and I am finding that the tenants are consistently late on rent. I think at the end of the day they just don't make enough money with rent making up about 40% of their m...
Robert Duffer
Asset Protection Strategies
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
Jason Rogers
Help!! Flip Accounting
BP Community I need some help. First off I understand that you are not a tax professional (and even if you are you are not giving me professional advice). I plan to speak with my tax advisor on Monday but I need to cl...
Jonathan F.
Greetings from Portland, Oregon
Hello, BP folks--I joined the site a few weeks ago and have been learning a great deal. It's interesting to see so many experts and novices mixed in together here. I'd put myself in the latter category for sure. I bec...
John Smeltzer
Recommend a Self-Directed IRA Provider in Savannah
We're deciding on whether, as part of my wife's public school pension, to take a lump distribution in exchange for a smaller monthly pension amount. In thinking about whether or not to take the distribution, I want t...
Thomas Sherman
Can't Get A House
PLEASE HELP! My brother and I are fortunate enough to be able to start a Rehab business. He went out and got his Real Estate License with the hope to get better access to deals WRONG! I have spent the last 15 years in...
Pat Jackson
Maximizing opportunity zone benefits
I'm about to buy a mixed use (commercial and residential) in an an Opportunity Zone in Missouri. One partner is selling off another piece of real estate, obtaining some notable gains, and 1031ing into this property. ...
Gaspare U.
Real Estate Syndication company, which is a better S Corp or LLC
Balancing the Pros and Cons for a Real Estate Syndication company. I live/work in NJ but will be syndicating deals out of state as well. My NJ accountant says LLC in NJ, Garrett Sutton (www.corpartedirect.com) goes in...
Mark Cios
Using a 1031 Exchange
We are looking to sell our house that we have owned for a little over a year and a half. We have been presented with an opportunity to buy a family members 6-flat and really want to go through with it. We are looking ...