Hey BP Folks,So I'm in the process of setting up a syndication deal, where 6 investors and I would all be putting in $15K ($105K total).  The investors' funds will come from either their SDIRA's or cash.    The plan i...

I live in Florida, buying and selling real estate in North Carolina. Which state should i form my llc in for the most tax saving? Should i also form another llc in Delaware, Nevada, or Wyoming for most effective tax?

I have been flirting with the idea getting totally involved in real estate for some time. I am at the point now to jump in the deep end, both feet.I am looking to flip propoerties working toward buy and hold for incom...

If I use lines of credit for a down payment on a apartment complex do I have to pay taxes on my cashflow before I pay back the lines of credit or after?

Hi all,I am currently helping my family run their multifamily property in New Jersey. Currently in our 5 unit building one of the tenants hasn’t paid rent in 18 months and unfortunately neither does the tenant have a ...

Hey hey! I am a new Realtor in the Bay Area, California. I have heard that it is good to get a LLC or S Corp as a realtor. Currently, I have neither and I need to get that changed. So I was wondering if anyone had any...

Hello BP,

I joined this site last week and I've really enjoyed reading the forums, blogs, and articles. I figured it was in my best interest to start contributing to the site.

I have an extensive back ground in s...

Of course we all understand that legal protection is a must.  It is worth every penny to hire the appropriate professionals to make sure your business is lawsuit-proof and pays as little in taxes as the law allows.  W...

I'm interviewing my first CPA's & attorneys.  I would like to know of pros & cons of having the same person be both my CPA and attorney.  Also, pros/cons of hiring a local CPA &/or attorney vs a CPA &/...

Hello everyone, 
I am in the process of finding my first investment property and I want to be prepared in case the multi-family unit I go under contract with is already rented out. I am looking to open a business acc...