Mike Moran
SEP IRA - disregarded entity?
Good morning BP!I work full time and have a 401(k) through my employer. I also have an Roth IRA personally that I contribute to. However, I utilize a disregarded entity to own and manage several small apartment buil...
Steven Garguilo
Looking For Mobile Home Park Team!!!
My wife and I are looking to build our MHP team. We are looking for a network of individuals who know the business well and can add value to our team by providing deal flow, market expertise, and a potential partners...
Jennifer Bowen
Can I buy a property first, then roll it over into an LLC later?
Hi all,I haven't set up my LLC yet. I'm just getting started in this business. Is it possible to buy a property first, then roll it over into an LLC? For example, if I live in it first. Or if I find a good deal that I...
Shalina Desancic
Best way of opening multiple business accounts
Hey Everyone,I am at the beginning of my REI journey. I currently have a Series LLC, I have it structured with the parent LLC not holding any properties only cash for acquisitions and each series has one property in i...
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Julie Marquez
Hours to Show Rental Property to Tenants
I own a rental, my dad owns and manages many apartments, and I am looking for a new place to rent. So I have been talking to many property management companies looking for a place to rent, and also evaluating them as ...
Daniel Murphy
NC tax laws on deducting mortgage interest
Hi all, this is my first real question here... a CPA recommended that for a residential rental business in NC I should start an LLC but buy the homes in my own name because a business cannot deduct the mortgage intere...
Frankie Woods
HELOC and LOC freezes
What has been your personal experience with Lines of Credit being frozen? I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky. ...
Josh Coder
College Town Rentals
Hey! I live in a college town and am looking to start in the rental business. My thought is then using an investment property and renting out the rooms to individuals (probably college students). Any tips, tricks, or ...
Account Closed
Real Estate Jobs that are Investor-Friendly?
Hey BP family, I'm wondering if there are any real estate friendly jobs out there? Are there positions or fields of work where you are surrounded by other investors? Being an agent may be the obvious answer, but what ...