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...
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...
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...
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 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 ...
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...
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...
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...
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...