Despite pressure from the Community Reinvestment Act, designed to encourage banks to meet the credit needs of businesses in local communities, business lending has contracted 45% since 2010. More and more I am seeing ...
With tax rates set to rise for both Corporations and high earning individuals, now is the time to do strategic tax planning for the next few years. Our structure works best for LLC/LP's that have taxable income in the...
Hi GuysThis is my first question on BP. I am in the start up process of real estate business in Panama. My main focus is Coronado which is the beach area where the rich people in Panama like to have their second home....
Hello BP Community. This is my first post and I'm excited to hear your feedback!I am a business owner with multiple start-ups (LLCs) as well as a Real Estate agent in Southern NJ. My wife & I are in the process ...
Hey, I've heard a lot of news lately about SBA Loans and the government's push on banks to do more of them. Has anyone done these? Especially, has anyone received any SBA Line's of Credit to be used for purchases/rep...
I'm new to this business and pass experience I attended a couple of seminar classes with fortune builders and I receive some material from them to help me start up wholesaling ... I just need some helping information ...
Hi All,I live in Washington State and am looking to start a property management company. Does anyone know if I am required to have a realtor license or any other sort of business licensure in order to do this?thx for...
Hey BP! For my accountants and tax gurus out there...I started an LLC ready to start real estate investing right before COVID. Looks like I’m sitting this year out (based on the market). I have business expenses relat...
If I buy these things BEFORE I CLOSE ON MY FIRST RENTAL PROPERTY, can I still report it as tax deductions for 2021 (max amount I believe I am able to deduct is $5k in first year, start up business expenses, or whateve...
My wife and I are looking to flip 1-2 projects in the next year. The goal is to raise capital (and build resume) for larger projects in the future. I have real estate experience, which includes spec home building, but...