MarieChele Porter
Sole LLC formation disregard entity or not?
Hello all,Upon research I have stumbled across a thing called a disregarded entity. Let me give a little background. I plan to become a buy and hold investor starting out in Ohio state living in California. I am going...
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Advice: Real Estate Investment Banking
I recently found this site and have made a few posts already. Often times the network of realtors I personally do business with find properties meeting my criteria. Generally that criteria consists of cap rate not bel...
Kimberly H.
Declining your first applicant (tenant)~ Whew!
Whew! It took me 2 days to send the email. It felt like I was making a family homeless. I need to grow a set for this business. I'm usually a tough cookie, but this real estate landlord business is not for the sof...
Gurjot Grewal
Do I have too many contingencies in my offer?
Iv made maybe around 40 offers in my long distance market and only 1 under contract which I had to back out of. The contingencies I include are these 4 things;-10 days inspection period -appraisal -Financing-seller...
Robert Snowden
Seeking LGBTQ-friendly real estate financial/lending source
After 2 costly & unsuccessful lawsuits with our homophobic former Waco, TX community bank lender, my husband & I are seeking an LGBTQ-friendly funding source to help us re-purchase, rehab & expand our form...
Jeremy Chaudet
Owning property in personal name and having tenants pay LLC
Hello,I have one property in an LLC and the rest in my personal name. The property in the LLC happens to be managed by a property manager so they pay the LLC. The rent for the rest of my properties in my personal name...
Michael Plaks
Recordkeeping for a mixed business/personal trip
This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...
Jeremy Cohen
Private Lending, Hard Money, Traditional or Transactional?
Hey BP,Hope all is well!I realize you all are very busy and you have a lot on your plate. Your time is your most valuable asset you have and I respect that. I wanted to personally reach out in hopes that someone would...
Tomiko Graves
Should I register as a business (LLC) before I get started?
With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
William Howley
LLC wrapped in S-corp, which Tax form do I use?
Hi, long story short I setup my small real estate co in an LLC with the elected S-corp. Which Tax form do I submit to IRS? If you know the answer please provide the link. Anything special I should know when filing?