Brady Dailey
Contractor has not started work and currently under litigation.
I hired a contractor to start work on a project and was supposed to start at the beginning of September. I did the research, and everything (License, insurance, and bonding) was good (Legitimate). I gave him a 50% dow...
Alan Davidson
Separate LLC vs One LLC
Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...
Chaim Tarkieltaub
Short Term Rental Self Management
Hi BP Fam!
I'm starting to self manage my STR and had a few questions:
1) Should I have my own guest agreement aside from Airbnb/VRBO etc.... guest agreement? If yes, where can I find a template and how/when do I ha...
Steve Karpinski
Best Website to Form an LLC
What is the best online website to create an LLC? Is this the best way to go about it or should I hire an attorney to do it?
Jibu V.
Philadelphia Eviction Complaint Process
In Philadelphia, after a 10-day Notice to Pay or Quit period for non-payment of rent, we need to file a Landlord Tenant Complaint in Landlord Tenant Court at 1339 Chestnut St, 10th Floor.After the Complaint is filed/p...
Jackie Riley
Property transfer to LLC/ tax treatment
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...
Julio Gonzalez
Amending Your Tax Return vs Form 3115
Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...
Andi Morgan
Moving rentals into LLCs w/ girlfriend but single-member LLCs are all we hear about?
My partner and I are unmarried, own some rental properties together, and want to set up asset protection. Deeds are currently in our personal names and we do not file taxes together since we are unmarried. We have sev...
Reggie Rearden
Commercial financing / LOC
I having a hard time with the lender I chose to use for a commercial refi and a portfolio loan. We started the application on Feb 14 and still do not have a closing date. How long does something like this usually take...
Gabriel Valle
Need help with incorporating
Hi BP fam,
I need to incorporate, but don't know if I should go with a LLC or (S)LLC, is there advantages from one over the other? is there any company in the BP network that is recommended to use to incorporate?Rega...