Hey BP,I am considering forming an LLC with two other partners and I wanted to understand the tax implications of that. Can we choose to not have any distributions and "save" the money in the LLC for future investing ...

I was wondering what my title should be registered as in a single person LLC? As of now I registered myself as "Owner" with the state. But after listening to Podcast 105 on asset protection I'm thinking it's better to...

My dad wants to buy my maternal grandmother’s house in Alabama. She passed and the relatives (related to me and not him) who live there are cannot or will not pay the remainder. He plans to buy it outright and put my ...

I am currently saving for a 4-plex/multi-family OOI that I would get in November of 2021 when my current apartment lease is up. This would be my first property investment. I am also going to school full time for finan...

I am a foreign investor that bought a couple of lots in Los Angeles tax sale in a structure that was meant for development and long term hold. One lot was in my name and the other was in my pension name. However I now...

Paying yourself through the llc

We would like to go into deals with one of our good friends One would be buy and hold/rent.One would be flip. It will be first time for me to partnering with others. Since there will be tax/ capital gain issues, it s...

Hi - I invest in small (2-4) multi-families with a friend  through a LLC partnership. He is on a work visa so he can only be a passive member and I am the managing member. We both put 50% each of down-payments + closi...

A home builder is partnering with an investor to build a spec home. Investor will be financing the construction; home builder will perform the work. They plan to split the profit after the sale. What is the best way t...

As the title gave away, this is my first time asking for Private Money, but it's also my lenders first time considering lending private money (I floated the idea to one of my trusted buyers and he is interested, and a...