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I am planning to sell a property soon (it's being inherited from an ailing uncle without kids) and am curious if it's more appealing to sell with fresh leases or with soon to expire leases so the new owner(s) can do w...
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Hi everybody, looking for some local real estate agents in purpose of MLS access, for reward of course.Any help, will help.Thank you.
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Hello BP Family,I am inquiring about some advice on Bussiness Tax/Law/Operations. I have an up and operating S-Corp that I am the sole owner of, I also have a recently created LLC with a business partner for Real Esta...
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From a modelling perspective what are the typical seller costs (fixed or % of sale price) that you model for closing costs on small, 10 - 20 door properties?- Broker’s commission(s), Title, Recording, others?Which of ...
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{LONG POST WARNING}I've researched this topic in a dozen other BP posts-- but I could use some additional input from the experiences and opinions of seasoned investors.(And please, no "consult with an attorney" respon...
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my partner and i have been talking to a cpa and he told us to start up an s-corp to avoid self employment tax which is at about 15% in minnesota. according to him we would 1) incorporate our business 2) file with secr...
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Hi All 👋I’m looking to form an LLC and make a purchase within the next year. All CPA/ lawyer referrals in south Florida are much appreciated. I’ve watched a lot of content lately including Pace Morby who recommends an...
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So, I'm investing with my parents doing flips, and we setup an LLC with me being a 50% member and my parents at 50%. From everything we've heard, if we make over $40,000 in profit that we should file as an S Corp and ...
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We co-own a triplex with my parents with an attached finished garage that we currently use as an office space for our design business (S-Corp). The S-Corp is a separate and unrelated entity and the property is owned b...
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We have been approached by someone who wants to use a HELOC to loan us funding for our acquisitions. Are there any good links or websites I can share with them to educate them on the pro's or con's to doing so?