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Results (179)
Saran Mandhadapu Partnership Return 1065 -- Form 8825 question - HELP!!
11 April 2017 | 6 replies

Hello,I have a holding company LLC with two members as Partnership. I have one property purchased in the name of another single member LLC (for ex 123 Main LLC) with the single member being the Holding LLC (100% owner...

Michael Lipsey How to find a reasonable/knowledgeable Real Etate Attorney
15 November 2018 | 6 replies

I just purchased my company name and business information through legalzoom.   Right now I'm currently looking for our first property but I first am looking for an attorney to have for the company. Everything is start...

Bill McCartney Brian Jordan, Lonestar, 614 Capital, Hometown Properties et al
22 June 2018 | 0 replies

I was wondering if anyone has had a bad experience with Brian Jordan, Lonestar Holdings, Hometown Property Solutions, BOSS Realty, 614 Capital Partners or Downing Properties. I would be very interested in hearing your...

Javier D. Coup d etat by tenants. What would you do?
7 June 2020 | 7 replies

Hello bp fam, Last week I closed on a 12 unit building 100% occupied with under market rents. Market is 1100-1200 currently all units are rented at 750. I sent a letter Stating rents will be increasing to 1000.00 sta...

Roy Kong How should I structure Dad vs Bro.
24 November 2018 | 4 replies

Roy here,Been looking the US real estate for a while now.With Fed looking to increase the interest rate, seems it is a good time to buy and hold the property.Would like to know if biggerpocket community could provide ...

Jill E. Property Management LLC for tax benefits?
27 March 2019 | 6 replies

Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties?  The IRS believes you can't ac...

Terry Portier Employees vs Subs
9 August 2013 | 8 replies

I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...

Eric Johnson Weird Wholesale Question
17 July 2013 | 16 replies

I just received a weird request from one of my sellers. My seller is currently receiving Medicare. I just received a call from one of my buyers who's willing to buy the house. However, my seller asked if the purcha...

Tomislav Glamuzina Morning Everyone - How to split percent ownership for a purchase
28 January 2022 | 10 replies

Morning everyone,Had a question about splitting percent ownership when purchasing a property.My downpayment requires 60k and I have 40k to put down. I am considering getting both of my brothers to put 10k/ea to give m...