Nothing like coming to bigger pockets for some help.Hello all, I'm in the works of starting a hard money lending business. I've researched tons of sites and they all give tips and information on how you should do it o...

How would you structure this type of business?Two friends of mine (Friend 1 and Friend 2) have expressed interest in real estate and Friend 1 has the money to do so. I want to open an LLC with Friend 2 in order to dis...

Hi guys, what would you do in my shoes?

So my former business partner "accidentally" wrote 2 checks from the corporate account of my other brokerage business where he is not an authorized signer. The checkbook is new...

This is my first post on Bigger Pockets, so I'll ask my main question and then try to provide some perspective to help you answer it. My question is this: if your goal is to create at least $20k in net monthly cash fl...

I’m preparing to buy my first rental property soon. My question is about the taxable portion of the rental income, specifically, money that is set aside for repairs, vacancy and capX. Is that money considered as incom...

Hi Everyone,I am just getting started and wanted to figure out the best structure to setup my business accounts as well as fund /withdraw from it.  The main goal here is to maintain clean trail as well as minimize que...

I'm back again with another tax question for the CPAs here. I'm under contract for a 4 plex for $320K. I don't have the 20% downpayment, so the bank is financing me a $100K commercial line of credit against a rental t...

Hey BP,As a new investor, i’d love to hear where other Canadians are investing in 2022. Also what kind of properties are you targeting in your preferred market?

Hello all!My business partner and I are in the formative stages of our REI company. I am a Realtor and he's a professional handyman. Our initial goals are to flip 10-12 houses per year in the Kansas City area and p...

Here is my situation.  My mother passed, in Missouri (63129), and I'm on the TOD Deed (filed with county).  The condo has an approximate value of $115k (based upon recent sales in same complex).  HOA has no CAP for re...