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was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
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Hi everyone! We are finally starting our journey and have a question to those that may be knowledgable to this already. We live and work in California but plan on investing in Mississippi. Can we setup the business LL...
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I am looking at purchasing a house that my realtor says is part of an estate. I generally know what that means but I don't know if there are any potential cons with this situation. The property is off a "main road" ...
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Hello all,I am new to the BP community and love all the great advise that is floating around. I feel kind of silly asking on here but I am looking for some advise. I am currently a project manager over a multi-million...
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To all those interested in Airbnb/VRBO/short-term rentals in Colorado Springs ... This Friday, the city sent an update to the proposed short-term rental ordinance. The biggest change is, well, a big one: They removed ...
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Hello,
I am interested in the pros v. cons to creating an LLC and operating under said implications.
A few questions I have top of mind:
Does it cost anything to hold an LLC in the state of Colorado?
Does...
The Trump administration is slowly moving in the direction of a crack down on marijuana. I would say they have gone to the extreme now.https://www.nbcnews.com/politics/politics-news/leg...It should be noted the goven...
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Hi, I am a new member in BP. I have a 4-plex with tenants who have been in the building for >5 years. Should I update all their leases to incorporate language for COVID-19? The reason I am thinking about this as...
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The SBA has drastically reduced their requirements for acquiring a small business disaster relief loan.
https://www.sba.gov/disaster-assistance/coronavirus-covid-19
I know there are a lot of locals here on the Austi...
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Anyone interested in participating on Real Estate Investor network meet up in the North San Luis Obispo County area? If so, message me. I am putting together a list and soon will announce times, date, and location. T...