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Any advice on how to correctly proceed with a bankruptcy wholesale?
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We are about to inherit our seed money for our flipping business, it is coming from a 403b account, misc IRAs (which are becoming inheritance IRAs), and sale of a single family property. As we understand it, the dist...
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3/1 townhouse in Richmond, VA. Needs 0 work. No HOA, Rental comps $700/mo. asking price $29k. I live out of state so would need to factor in management company expense. What do you guys think? Thanks in advance for yo...
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Who is everyone using for a CPA and/or lawyer who specializes in real estate investing? I need to get my forms reviewed and company/enity set up.
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Hey, biggerpockets nation. We are just getting started and were curious if we needed to form an LLC or other business entity first? Or do we just need to jump off the cliff and figure out how to fly along the way... A...
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I'm looking at a property being auctioned. It's similar to one I've purchased before but in a different town not far away. The auction listing indicates that the property is occupied and if I win the bid, I'd be res...
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I need a business structure to reduce the SE tax and S-Corp income tax.
Can I invest capital in a development LLC as PASSIVE partner together with all other passive partners, then have my LLC S-corp as manager - I'm ...
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My husband and I are close to purchasing our first property out of state. We wanted to hire a CPA who can give us guidance and answer questions--about business structuring, tax savings, etc.--before we purchase our fi...
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Hi All -I have what I hope is a quick question for the tax professionals out there. The master bath in one of our rentals only has a jacuzzi tub, no shower head at all (weird, I know!). We're going to tear out the d...
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New investor here! Me and 3 of my friends are going to be pooling our money together to buy some real estate, we’re looking to buy 1 right now, then assuming things go well, acquire 30-40 SFR’s. All buy and hold. We a...