Hello BP family,So I was on here a couple weeks ago describing my current situation with trying to build my current portfolio. Shorter story short: -own property (used FHA loan, purchased 7 years ago, still not at % t...
I am in the process of closing on a property, so I have some expenses such as postage, travel, and such. I'm paying and tracking these under my real estate investing LLC.However, I'm buying the property under a new 50...
Tax question for accountants, CPAs, or anyone that has knowledge on tax law: My LLC was formed late in 2015. Before the entity was officially formed, I had expenses that went toward my real estate business (RE courses...
I want to start off by saying any advice would be greatly appreciated!Where to start; I have a very specific location in mind to start a daycare because the need is guaranteed business.There is a current property for ...
I’m exploring different ways my project could be funded. Below is a draft of some rough ideas. Thank you for your input and comments!I’m exploring different ways my project could be funded. Below is a draft of some...
How much does it cost to get a Real Estate License?
Good evening to all.I am just getting started in my RE investment journey and after long thoughts I have finally decided to invest in Wichita, KS even if I live in San Diego. I have lived there for a couple of years a...
I am debating if I should take the penalty hit on cashing out my retirement fund and be free to invest the money however I want. I know everyone says its better to roll it over to self-directed but I need the money f...
Hi! I am hoping to see if anyone has advice on opening a brokerage where one owner is the broker and the other owner is an investor. I am a rental property investor and have about 35 properties. I am opening a brokera...
So, I've got what I consider a friend and colleague who is about to get her brokers license. We've talked about it before and we're still talking about opening a brokers office together. She'll bring the real estate e...