Brian Smith
LLC or Trust
Hello all,I'm new to REI and I have a question pertaining to LLCs and trusts. Here's a quick intro to my current situation. Currently in the process of purchasing my first three family. I plan to house hack the proper...
Arthur Garcia
Investing foreign capital - English pounds, THOUGHTS?
Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
Blake G.
Help with High Class Problem
I am new here (hello!) and new to real estate investing. Earlier this month I bought 2 mixed use buildings with a total of 7 units. I put 20% down on each property and got commercial mortgages for the rest. I plan to ...
Paul Jamgotch
Looking for Nuts & Bolts Book on Structuring JVs
I'm trying to structure an out-of-state (for me) JV and running into issues determining how we can best structure to protect my investment as well as GC's time. In this scenario I will be financing the difference b...
Ryan Bird
How to pay personal mortgage from LLC account with co-mingling
I have a personal mortgage for my rental but it’s owned by LLC so rents goes to business account. How do I pay personal mortgage using those rents? I read the below approach online and wanted to see if this is correct...
Mindy Jensen
Investor NOT protected by LLC?!?
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
Rob K.
Development issues with Self Directed Roth IRA property
I am interested in some input from some of the Self-Directed IRA folks on an opportunity I may have.I currently own in my self-directed Roth IRA a free and clear triplex and an adjacent commercial lot well located on ...
Joshua D.
Roth IRA tax free
Can you take money from roth ira to do construction without paying taxes
Melissa Lowery
New Investor Alert
Hi everyone! I am really excited to be apart of BP! Any advice on getting started in fix and flips would be greatly appreciated. I'm currently in the Atlanta area looking for wholesalers and agents. I look forward to ...
Ken Nyczaj
Yearly costs for CPA's
My team and I just met with a CPA firm and were quoted $280/ month for year 2019. This is to handle our salary, distribution, and monthly books. We have elected to be taxed as an S-Corp.Just curious if this is reasona...