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Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
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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...
Hi everyone,I have been thinking about starting to wholesale along with two other friends. We haven’t done our first deal yet but we are starting to gather leads and grow our buyers list, marketing campaigns, etc. sho...
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I continue to be frustarted with the current laws and regulations we as investors must deal with and it seems that the laws are mostly AGAINST us!
With that in mind, I would like to know (if there is not one already)...
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Good morning BP community, I am trying to complete a deal with a senior care business looking to expand their operations. The business has several properties in the state and the owners want to add 3 locations per yea...
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Hi All,My family and I moved from California to Colorado in December of last year. We are enjoying everything Colorado has to offer and are ready to start investing in real estate! We are currently under contract for ...
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I have started a thread like this on the main discussion boards but felt it might be more worthwhile on here. This is something I do in most of Middlesex and parts of Somerset and Union county. If anyone is looking fo...
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I work with a few independent contractors on rehab projects. These ICs are either sole proprietors or work in their sole member LLC. I started reading into 1099-NEC and from posts on BP and elsewhere it sounds like I ...