Obadiah Roszman
A Seasoning work-around?
My Situation:
I purchased a duplex with a business credit line and will be paying for the rehab costs from my business account. (Technically I contracted my company to do the work, a theme for another discussion.) W...
Tim Cronin
Memphis 2.5 ton AC Condenser Replacement
Hey all - I need to replace an AC condenser in Memphis TN for my rental property. I think I need a 2.5 ton (1400 sqft).- Any recommendations on brands? HVAC companies?- Are there energy efficient tax credits availabl...
Account Closed
Newbie from Northern Virginia
Hi all,My name is Bartley "BJ" Anderson. I'm 35, married, have a 2 year old and a 1 month old, and I live in Lorton, Virginia. I used to work in construction and physical security, and changed careers in 2012 so now I...
Chad Ramsey
Does a short term rental need to be set up in a LLC?
I'm under contract to close on my first short term rental (vacation home..AirBnB)... I understand the LLC would be helpful if ever I sold the place so there is no need to re-permit. Any tax implications? Any other con...
Steve Legnaioli
Options for corporation profits ?
If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...
Justin Polston
Sourcing a large down payment through syndicating?
Hey all!So my 2020 goals have been to really take my brokering skills for a thrill ride, and phase out of doing normal consumer deals. "Path of least resistance" has led me to network with 2 dozen folks that have 10-5...
Norma Cole
getting started tips
Hello,I am new to bigger pockets. I am reading through the beginner guide to real estate investing. The guide has a chapter on creating a business plan. Is it crucial to have a complete business plan before attempt...
Rickie Camarato
New Member from San Diego, CA
Hey everybody, I am an aspiring real estate investor located in San Diego, CA. I recently got into personal finance, which in turn drove me towards the idea of real estate investing.I was looking at my retirement opti...
Pete Perez
Existing Member in New Market
Hello BP!My fiance and I just moved to Renton WA from Southern CA. We are renting currently as we didn't have the money or experience to purchase from a distance. We are in the learn and save our money phase of our RE...
Brian Rossiter
New Investor in Boise, Idaho
Greetings to all on BP. I moved to Boise, Idaho, from Fairbanks, Alaska, in January. My current profession is Structural Engineer, working in the building construction industry. I design building structures main...