Keith Richardson
Should I open an LLC for each property?
Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
Wealth is not an accident, it’s a choice. And on today’s powerful episode of The BiggerPockets Podcast, you’ll learn exactly how to make that choice each and every day. We’re excited to bring back two return guests, H...
Account Closed
Tax impact on Hard money - refinance - selling property
Hi, I have purchased a 3 unit multi fam property under LLC (50/50 partnership husband and wife in NJ which is Non-community state) and financed (100%) through hard money lender(personal guarantee). After the rehab was...
Dan Trinh
Do i need to create a business to deduct business expenses?
Hi Guys,This is a question that has always been on my mind but i can't quite seem to find the answer too.Currently i own a few rental properties in Las Vegas. I live in California and would like to go to Las Vegas to ...
Jeff Piscioniere
Structuring a partnership investment using a 401(k) loan
My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
Ryan Arth
Limiting liability on multiple rental properties
if you own multiple rentals, and you buy them with traditional financing, this question is for you.
i purchase my houses in my name b/c the lender will not loan to a company. i was then quit claiming the houses into...
Matt Gooding
Looking for input from fellow investors on how they do taxes
New investor here who recently closed on my first 4 units. The 4 units are owned under a LLC that is set up as a partnership between me and my wife. I recently met with a CPA to discuss my tax filings for next year an...