Nick Gu
Is there benefits in creating llc to rent my property & rent out?
So the way I'm thinking is to create a say a property management company, which rents my property from me.Say at a rate of $property tax + $hoaThen rent it out from the llc at market price.So effectively I still own t...
Matt O.
Method to pay minimal taxes... to good to be true?
About two years ago my accountant mentioned "Captive Insurance" as a way to avoid paying a lot of taxes. When it seems too good to be true is usually is...blah,blah,blah, so I switched accounting firms (I had other re...
Ryan Kenneth
Umbrella corp worth it?
Hey all, Up until now our rental properties were held in our name. As I'm scaling to larger buildings (we do buy and hold) I now want to incorporate for the tax savings and protection. I'm still very much a rookie whe...
Chris Cox
Building our RE support team
Hi BP community - We made the leap into RE by leasing our condo and wanted to understand exactly what the experience would be like placing a tenant and subsequently managing the unit and monthly payments. It's been al...
Vidal Gonzales
LLC or not?
Hi Everyone,I am currently lost on what next steps I should take next. I currently own two properties out of state and wondering if I should create an LLC or not? If I do, how would I get this done? I know the LLC nee...
Josh Edelson
LLC or S Corp or Umbrella insurance?
Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...
Jacob Barnhart
What to do before making your first offer. (Please contribute)
I am creating this thread as a resource for both myself and anyone else who may happen upon it, so please feel free to contribute! I will try to continue to edit the original post with answers as new answers come in.(...
Genine V.
WANTED Tax Strategist & Attorney
Help!!! My son and I just started real estate investing. I currently have one rental property on my own, but my son and I are teaming up and would like to buy 3-4 properties a year doing fix and flip and some rentals...
Thomas Boykin
Angel investor needed to complete flip on historical home
We purchased a flip in April 2022. It is one of the oldest homes in Edgefield, SC and is listed in the registry as the Century Home. It was built in 1850. We purchased it for cash and have completed 80% of the rehab...
Noah Yoder
*QUESTION FOR AGENTS* Do you send your clients wholesale deals?
I want to start by saying that I love the wholesaler community in that they tend to be dedicated and hardworking. Making cold calls and doorknocking is not fun for most people—much respect for the grind. Nonetheless, ...