Paul Dalton
New real estate investor
Hello,
I am brand new to BP- looking to invest in rentals and flips. I work for corporate America and looking for an exit strategy as I enter my mid 50s.
Account Closed
Brrrr or not in sweden
Hello, I am living in sweden and i have since 2013 bought 2 single family houses. I have renovated the two of them and also got them re-estimated. One of them is estimated the doubble it's bank loan. The other is esti...
Latonna Hill
Unsecured credit lines
Hello, has anyone had experience with Tom Kish or Dave Candle(Credit Card Builders) with obtaining unsecured business lines of credit.
Bienes Raices
Membership certificates, seal for LLC
I've noticed that these corporate kits for a new LLC usually cost from $50 - $100. I would like to save some money and just buy a binder at an office supply store. I've read on some sites that the corporate seal is no...
Rory MacNeil
Canadian Introduction
Hello BP members, My name is Rory MacNeil, and like my profile says I am currently in university pursuing my degree in Real Estate and Housing. I am also currently working at First Gulf Corporation as a "Development &...
Michael Plaks
Tips on sending 1099-MISC to contractors
THE DEADLINE IS JANUARY 31!
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:
It will allow you to deduct their earnings on your own tax return.It is require...
Michael Lilburn
Best App/Tools for REI
Just Curious what apps, websites, tools, companies people like for helping with REI:-example: app for direct mailing -example: website for helping create a SOW-example: tools to help keep your property management in o...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Sam Schrimsher
US Residents investing in Canada - Form LLC or Partnership?
Hello BP,Wanting to get some opinions here from folks in the know.My brother and I are in contract on some acreage in Nova Scotia Canada. After we purchase it we plan on selling some individual lots, perhaps developin...
Tjay Sharma
Is it possible to buy a property with a foreign family member?
I'm in my mid 20s and I'm planning to buy my first place to live. My income currently is 40k annually, have high credit score. However, with my income I will not be able to quality for mortgage for even a studio apart...