Hello, I'm starting a hard money lending business and I am struggling with my business structure. Let me give you the lay of the land as I've intended to set it up and the issue that I'm having.We've formed a stand-al...

The best way to make your home look good is by adding some of the elements in the overall design clues that will make it stand out. However, you also have to make sure that you are not getting yourself robbed in the p...

My attorney created an LLC for me. When I went to the bank to create an account, I was advised that they would need a tax ID for my LLC. I called the IRS, but could not get through. Please let me know what my next ste...

I am considering doing a partnership with my nephew who is a real estate agent here in Utah. He currently is an investor with a few properties where they rent out each room in the condo with a shared common area and a...

Hi BP!
I'm asking more for a friend who will be "inheriting" his grandparents property (or in this case more debt).  I say this because he cannot sell the property which also is in need of repair and he has to pay ou...

Investment Info:

Other buy & hold investment.

Purchase price: $45,000

Cash invested: $36,000

My late mom's first home that was paid-off but had liens on it. This is the investment that made me be...

Are there any rules and regulations from IRS on paying yourself rent if you own an office building and your unrelated business uses that location? By doing that, it would put passive income on schedule E as opposed to...

I've been looking into finding a partner to do some BRRRRs, and I'm curious what sort of entity or structure people use for that?Do you end up with an LLC with two members (you and your partner)? Or maybe something el...

Hey BP! Need some advice on best way to break contract with PM and what to expect.Final Straw:Retained PM about 6 months ago for some rentals. Things have gotten progressively worse with the final straw being that he/...

Just closed on Monday. The people who were renting out the side I'm going to be renovating/occupying left a bunch of stuff in it; couches, mattress, food in the fridge, trash in various places, etc. Not to mention the...