Mike D.
Separate Entities for Holding and Flipping
I have a single member LLC that I established to conduct all rental business under. The LLC is a pass through entitiy and I pay taxes on my personal 1040.
Now I am interested in setting up another entity to...
Larry Littrell
Integrating Broker business with REI business
I am currently studying to obtain my Real Estate Brokers license. I am also looking for my first fix and flip. I was wondering if those of you who hold a Broker or Agent license keep your business separate or integ...
Douglas McAloney Jr
Best Receipt Scan/Tracker App
Happy New Year! What app is everyone using to track receipts for each property? Can you separate these receipts by each property? Thanks in advance
Heather Alte
Water still flowing even after main shutoff
We had a pipe bust and we turned off the water at the main so that we could prevent further water damage and to repair the broken pipe. Well, the water never stopped flowing. It is impossible for us to glue on the...
Mark Spidell
Wanting to quick claim out of an LLC and then obtain a 30 year fixed
Does anyone have any advice regarding the following scenario. I have a couple of single family rentals in the Dallas Metro area that are currently in an LLC. I bought out my partners at the end of 2014 and now want ...
Victoria Pham
Best Business Entity for Real Estate Transactions
Hello BP!I am a newer investor and am hoping to protect my assets. What would be the best type of business entity (or company) to start if I'm planning to have long-term rentals, fix and flips and other real estate tr...
James Dainard
SFR Fix and Flip in Sammamish, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $950,000
Cash invested: $150,000
Sale price: $1,375,000
Contributors:
Vlad Tselnik,
Victoria L...
Jennifer Lee
1031 exchange on duplex deed separately
Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...
Mary Jay
Leak-file a claim with insurance?
Hi guys,I got a leak in the kitchen. What does insurance usually pay for?I dont want to file a claim if thats something that insurances normally dont pay for...The leak is in the kitchen, its pipe that connects my re...
Trace Adams
Separate basement rental in Aurora
Hi all,I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already ex...