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Results (2873)
Account Closed Self Employed qualification hiccup
6 April 2020 | 3 replies

I am a self employed and just filed my second year of taxes! Yay!!!Now the bad part, since the whole Carona Virus shitting down a lot of businesses, I recently had to file for unemployment. My question. Is, with doing...

John Geldert Looking for an accountant in LI/Queens
15 January 2015 | 1 reply

Hey BP,    Need some help, looking for a reliable accountant to guide me in setting up an LLc for a 50/50 partnership. If you are an accountant or know of one who can be of some assistance please respond or send me a ...

Kevin Coleman AC Unit Died!
6 May 2022 | 14 replies

BP,My AC unit went out in my rental in Atlanta. Can someone recommend a good yet economical brand and contractor?  Every AC unit I look at has negative reviews.  There has to be some good ones.

James Lucero A year of research and ready to invest
18 February 2015 | 12 replies

A while back I posted my ideas about partnering up with my fathers company to create some equity by renting out units to the employees. Fast forward almost a year later and I took people advice and I'm not doing it. I...

Thea Linkfield Switch Property to LLC for tax purposes?
4 December 2017 | 13 replies

Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...

Fayez Shantanu Hard money lenders for 20% down payment for Freddie Mac Loan
10 April 2018 | 11 replies

Hi BP folks,Lets say I like to make a deal on MF unit that have cap rate of 8% and If qualified for Freddie Mac loan that will let me have 75% LTV but then can I have the remaining 25% from hard money lender (but non-...

Account Closed LLC or sole proprietor?
1 January 2018 | 7 replies

Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...

Hung Dang Will I qualify for another mortgage?
16 November 2023 | 9 replies

Hey, I'm a new investor and I purchased a home about a year ago with the help of my dad. He cosigned on the house with me because the mortgage was more than I qualified for by myself. I've been saving up for a down pa...

Gulliver R. Switching from a California-based LLC to a Wyoming-based LLC
24 October 2022 | 8 replies

Hi All,

I’m planning on switching from a California-based LLC to a Wyoming-based LLC for my California rental property. Let me explain..

Currently I own a property in California which is owned by a California-...

Dakota Mivshek Tax Question - Mixing real estate commissions and Rental Income
15 August 2017 | 10 replies

Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...