Eddie Woodside
How would you approach REI if you were in my specific situation?
Current REI: 1 single family unit & 1 quadplex (pending) was -Goal: Enough passive income to sustain my current and future lifestyle (whatever that may be). -I’m new to BP and to REI and I am curious how seasoned ...
Jake Chapman
First invesment property or personal home first?
Hey biggerpockets community!I've noticed a trend with everything I've been seeing and reading. People that were living in their house they purchased who loved to process of buying a home and renovating it and continue...
Brian Falcon
Beginner business setup question
I've been listening to a lot of BP Rookie podcasts and many folks on the interviews say they buy all their properties in their personal names (single- 4 plex types). Then some also say "I reinvest all my money back i...
Matthew Fitzgerald
Setting up Accounting for first rental
Hey all we are closing on our first deal and I was wondering how to set up the accounting to benefit me the most.....
Some info I think may help...
We are buying out of state, so we are using a property management c...
Kevin Hayes
Using Tax Deferred IRA for Real Estate Investing
I have cash sitting in a tax deferred IRA account. I am looking for alternative tax strategies to use in investing these funds for real estate investing. I realize by taking a cash distribution it would be considere...
Emily Tyler
To LLC or not LLC? That is the question.
Hi everyone, my husband and I are starting to do our research to get started in REI and we're very excited about all of this. The question we are having the most difficulty answering for ourselves is whether we should...
Torin Perret
Should I form an LLC?
Hi, I'm a home owner and am looking into potentially buying rental properties down the road. Is it advised to do this through an LLC or other legal entity to protect myself from liability?
Joseph Kirk
LLC on two different properties with different partners?
Hi everyone,I currently own a rowhome with my brother (50-50%) that we fully rent out. Now in about a month, I will be closing on a duplex with my girlfriend (50-50%).As of now I do not have an LLC for either. How sho...
Brittany Baird
Asset protection for new landlord
Hi there, I have a single rooftop with three units fully rented in PA. I’m a NJ resident and have an LLC incorporated in the state of NJ. I made the LLC to use for my consulting business but accepted a w-2 position ...
James Simoes
One LLC for multiple properties?
Give me your friendly personal pros and cons.I am creating to mainly have the ease of transferring ownership of LLC, operating more efficiently, scale up and having the protection of a DE LLC.