Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...

I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...

I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...

Hello BP!I am a newer investor and am hoping to protect my assets. What would be the best type of business entity (or company) to start if I'm planning to have long-term rentals, fix and flips and other real estate tr...

I just want too know should I use one llc to flip property’s or should I continually make new ones with every flip? If you can please elaborate your opinion on both perspectives thanks in advance I appreciate it!

We created a LLC to buy and hold rental properties. Because it is difficult for the new LLC to get bank loan, we applied a Home Equity Line of Credit (HELOC) under our own name. Our LLC has pur...

As I begin seriously investing in real estate, I'm considering starting an LLC to both apply for business credit and hold properties as I build my portfolio. I've had some thoughts on how to get started and am looking...

Hi everyone. I have owned real estate for approximately 20 years now. I would like to hear from you about whether I should start a business or continue status quo, and what are my pros/cons for either. My first home ...

Hello everyone on biggerpockets how are you? Well I hope this makes sense and hope its not a dumb question but I am just starting out as a real estate investor. If I get business cards and lets say for example I name ...

Hello all,I have a dilemma involving tax issues on a property I own.In 2010, I purchased a single family residential property. It was purchased by my (solely owned and managed, I have no other employees or officers) T...