Joseph Heinen
STR LLC Creation - Property and Bank Acct
Hi! Just got an offer accepted on a place in Minnesota with my sister as the sole note holder. We are making it an STR and want to have the property split 50/50. We have created a Minnesota LLC and have stopped there....
Marissa M
LLC question for long term r.e. investing..
Quick questions-hopefully someone can answer.
I would like to set-up an LLC for my real estate investing business (rentals;buy-and-hold), but then reading through the posts, a few of you have said that properties sho...
Taylor Trepinski
That's One Small Step for Me, One Giant Leap...
I've been interested in real estate investing ever since hearing Gary Keller speak, and reading his book "The Millionaire Real Estate Investor." Out of college, I worked for a non-profit for roughly 2 years. Since the...
Charles Richardson
What books are you reading?
Hello BP Family
I just started reading Jay Scott's book-on-flipping houses! I'm only on chapter 3. Day 1 of my new investment strategy!
Yi Chu
Credit Card for LLC
What is the requirement to get the approval of credit card for LLC? Can I use my personal credit card for LLC expenses? If I can not use my personal credit card, which bank do you recommend to apply for credit card?
Joe Brummitt
Seeking advice on LLC setup with investors
Hi All! I am partnering with a friend to start an LLC to purchase multi-units. We will be raising money from friends and are looking at the best way to structure. I have read an LLC. I have read an LLC with two separa...
Jay R.
Using your SMLLC to be your Partner on a New LLC Entity
Hello BP! I have a SMLLC (single member LLC) that is currently setup to be Taxed as an S-Corp. I am the only Manager/Member. I wanted to form a new multi-member LLC Taxed as a Partnership. I understand it is perfe...
JJ Lunsford
Private Lending Experiences
Hello all! I'm curious what everyone's experience with private lenders is like? What are the main pro's and con's? What do you look out for? Are there standard rates or parts of the experience to note and expect? etc....
Jeff Spacek
Tax Laws and Changes
Hello Happy Thursday!Does anyone understand what these new tax laws mean when it comes to real estate?Does this mean everyone who owns a corporate entity will pay less in taxes across the country?Final question, does ...
Peter Lim
Trusts, Entities. Tax 2018 questions
Hi BP Family,Just listened to podcast #2, @Karen Rittenhouse. So helpful from W-2 starting out to finding deals, learning the revenue model, and expanding into holding long term rentals for retirement and paying those...