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Results (10000)
Justin Kushner Starting Out Setup... Bank Accounts, Credit Cards, Etc.
13 May 2019 | 5 replies

Hello, BP Community!I am close to acquiring my first two SFRs in Alabama, and will be adding one in Indy shortly for a total of three.While this is very exciting indeed, I am now getting overwhelmed with the concept o...

Ron Alexander doing a LLC for my flips
10 February 2020 | 5 replies

Hello everyone,

I am sure this have been said before but I really wanted to get details on a few personal request about it,
I do have an investment house I bought 3 months ago (A), I am going to flip it very soon ...

Account Closed Best practices for bookkeeping if not under LLC
22 February 2020 | 9 replies

Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...

Kevin Lefeuvre Lease Agreement when Renting to a corporation vs. individual
8 August 2019 | 2 replies

Do we have the same restrictions when leasing a single family house to a corporation as to individuals?Most tenant protecting regulations are irrelevant for corporations especially when in a rent control region/contex...

Troy Michaels Is c corporation best structure to seperate taxes?
8 July 2010 | 12 replies

Is a c corporation the best business structure to keep business income and taxes seperate from your personal filing???

Limor Hanannia self-directed IRA loans
10 February 2024 | 13 replies

Hello everyone, I'm curious if anyone has insights on where to find loans of this nature. I recently completed reading a book on flipping and attended the author's webinar yesterday. During the webinar, the author men...

Gabriel Fung Starting a Syndicate Fund on lucrative business model - Assistance Needed
5 January 2025 | 2 replies

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

Jim Angers Dealer or Investor for tax purposes?
23 March 2021 | 3 replies

I'm beginning to explore getting into the house flipping business.  I have a full time job and this is not my primary source of income.  I have a friend who does this on a regular basis and to 'get my feet wet', I par...

Davin T LLC, Tax, & WA
25 October 2013 | 3 replies

Hi everyone. this forum is very helpful, I've been reading and learning a lot.

I'm in the process of looking to buy my first flip all cash.

From my understanding, it's best to form an LLC with S-corp tax...

David F. 1031 Question/Capital Gains
23 May 2018 | 10 replies

Looking to offer a couple of rentals I own outright in a 1031 exchange.  I read about the need for properties to be seasoned before undergoing a 1031, but I'm not expecting to have any appreciation subject to capital ...