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Results (3062)
Dan Grove Looking for education on setting up the business
7 March 2023 | 2 replies

Hello BP friends,I am currently building a core 4 team as gudied by the David Greene long distance real estate book.  I have money ready in my personal account and have an itchy trigger finger to buy my first place an...

Brandon Morley Setting up an entity for flipping
5 September 2020 | 15 replies

Hey real estate pioneers,I'm just now starting out with investing and have tons of questions, but for now I'm going to start with one:My Dad and I are partnering together to start our real estate venture and want to k...

Kelly Dorethy Business Structure - LLC
14 May 2023 | 6 replies

HI everyone!
I am writing to ask how you chose your business structure for taxable events and passthroughs?  Specifically, is there any good reference material you could point me to....?

Joyce Williams Remove property from LLC then put back in
16 August 2020 | 10 replies

Has anyone every removed a property from an LLC to get a conventional loan against the property and then put it back in the LLC after the closing?

Kayl Kam LLC, CPA, depreciation, tax write off - Rookie turning residential into rental
21 May 2023 | 3 replies

Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...

Dustin G. Setting up an LLC for first rental?
12 April 2019 | 8 replies

I am looking at purchasing my first long term rental property and was wondering if setting up an LLC would be beneficial before purchasing the rental home?

Gunnar Brown Starting Out with or without a LLC/SCorp???
5 May 2023 | 6 replies

Good morning,I am seeing a lot of reference about LLC and my business being thrown around.  Before i get started with my first investment property should i start a LLC or S Corp.  What do you gain by doing this?  Does...

Jim Kelly LLC question put in old LLC or have to make a new one?
31 October 2022 | 5 replies

I have a LLC but it's for fabrication bussiness.... if I buy a rental property can I put the home into this LLC or do I need to make another LLC for house rentals? I'm ramping down on that bussiness and ramping up my ...

Lena Sieu Land Trusts
26 January 2015 | 11 replies

How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or c...

Nate Pucel Buy, rehab, rent accounting questions
4 March 2024 | 4 replies

So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...