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Results (1271)
Chris Virgil-Stone Prime Corporate Services?
24 January 2024 | 41 replies

Has anyone used Prime Corporate Services (PCS)? My partner and I set up a legal entity with them and are considering using their tax services - one time set up fee of $3k and $65/month retainer which includes annual K...

Amanda Fabian Active Airbnb hosts on the BP forum
28 November 2017 | 14 replies

Hello

Any active Airbnb hosts on here?

My husband and I are considering using our separate entrance basement space as an Airbnb rental. Does anyone on the forum currently do this in Georgia? Are there any meet up g...

Chris Gonzales Where to find good mentors
22 April 2015 | 18 replies

Hey everyone,

I'm a 26 year old college student, who is brand new to BP, and the idea of real estate investing in general. It's been about a month since I first discovered BP and the BP podcast and with it and the he...

Lisa Marie Home office reimbursement for LLC members (taxed as partnership)
1 November 2021 | 4 replies

Hi, my husband and I are the only two members of an LLC (partnership status for tax purpose).  The LLC owns a property outside the state where we live.  We have a dedicated office in our primary home that we use exclu...

Gary Parilis Self-directed IRA: What criteria to choose a custodian/admin?
28 January 2020 | 5 replies

Self-directed IRA is an amazing way to take tax-deferred advantage of the cash I have piled up in my 401k, and funnel it into real estate. I intend to take the plunge immediately, but there are so many providers out t...

Kevin Macdonald Depreciation question when paid less then land value for house/land.
2 December 2013 | 8 replies

I am reading a book “every landlords tax deduction guide”, which was recommended to me from this site. I understand that the 27.5 year depreciation is only for the house and not the land value.
I bought a piece o...

Marc Delgado Outsourcing Accounting/Bookkeeping duties
7 May 2024 | 16 replies

Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties.  We've heard offhand both on this web...

Aaron Moayed Out-Of-State Series LLC require Multiple California Nexus Costs?
24 May 2019 | 10 replies

I'm wondering: if I do a Series LLC in a different state to hold multiple investment properties, and I reside in California, will I have to pay the California Nexus FTB Cost ($800 registering foreign entity) for each ...

Amanda Dallman Self Directed IRA in Washington state?
25 September 2019 | 11 replies

Hi BP, The company I work for was just bought out and I have a chance to roll my 401K into a self directed IRA. Im looking for a host that offers IRAs that can hold real estate, rental properties and syndication. Is t...

Torey Owens Refinancing from Hard money to traditional long term
24 June 2016 | 4 replies

BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%.  A couple of lenders I've connected to are  saying the only way I can get refinancing is to remove the property...