Brynnen Beierle
LLC or no LLC for my first property?
Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
Heather C.
Should I sell to pay off debt
Background Info: My husband and I own 1 rent house with about $35,000 equity and 6 rent houses with 2 other partners with about $50,000 (our share) equity.We have about $20,000 in debt other than our house that we ...
Casey Epperley
First time landlord- how to structure
Hi Everyone! My name is Casey Epperley and I live in Salem, Oregon. This is my first post on here, however I am a long time listener of the BiggerPockets podcast. Little background information on me - I am a 29, marri...
Lamar Athill
Best advice for first rental property
I am new to real estate and Im looking acquire some rental properties. What would be good advice on how to get started
David Yacubovich
First rental property questions
Hello BP community!We finally decided that we want to try to buy our first rental property. And with that decision came a lot of questions and anxiety. I tried to research as best as i can the forum and all the availa...
Ryan Prange
What Business Structure to choose?
hello everyone, over the past couple of years we have purchased two single-family homes and also built a guest house on our property. I now have three tenants and I lease part of one of the properties back to my busin...
Jordan Thompson
Tiny home community new development - planning phase
I'm working with my dad on an upcoming project of his: building tiny-ish homes on his farm (400 to 600 sqft each). The plan is to build 3 homes: 2 for long term rentals and 1 for STR. Land is already his and paid for...
Scott Hubbard
Legitimate Self Directed Strategy or not?
I was talking to another investor who proposed the following as a solution investors looking for more flexibility when using their SDIRA.
Two unrelated individuals arrange to make a loan to one another using their S...
Michael Plaks
EXPLAINED: Depreciation - myths & reality
Years ago, I was at a CPA conference, and the lecturer finished 30 minutes early. Unheard of, I know, but it did happen. He asked us what we wanted to learn in the remaining 30 minutes. And 300 CPAs in the room almost...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...