Account Closed
Deed of assignment
Dear BP wholesaling community,I have some real estate under contract with LLC 1 as purchaser, and am looking to assign the purchase agreement from LLC 1 to LLC 2 prior to closing.If anyone has any precedent deeds of...
Damon Wong
Optimize LLC Structure with Single Family Rental Portfolio
Anyone have a good consulting reference/source for optimizing business (LLC) structure for real estate rental portfolio? I have a mess of properties in multiple states (NV, AZ, TN, FL, and MO) with some of the joint ...
Merrit Olson
Lawn guy as independent contractor
I just need some leaves raked and have been reading the IRS rules on what makes someone an IC. If I let let him set his own hours, provide his own tools, and pretty much do his thing to get the job done (my leaves rak...
Matthew Herrington
Mortgage Fraud in the Headlines
Check it. Guys look like they are in a lot of trouble. Is there such a thing as too creative?https://dailyvoice.com/new-york/nassau/news/trio-from-long-island-queens-nabbed-for-alleged-mortgage-fraud-scheme-feds-say/8...
Victor Gonzalez
House Flipping Calculator
Please excuse the ignorance. I am literally just new to all this and started researching Real Estate Investing yesterday. I finished reading the BiggerPockets: The Ultimate Beginner's Guide to Real Estate Investing th...
Jason Campbell
He built a building on property & put in a furnace and moved out
A friend of mine was recently divorced and got a rental property. The person renting up and moved out leaving the garage packed with his stuff. He put in an outside wood burner furnace that he said he is taking and pu...
Mia Edgar
Newbie in San Diego!
Hi!I've recently moved to the San Diego area for work and am looking into learning about beginning real estate. If anyone is in the area to get coffee or is available for questions about the current market in SD let ...
Joshua Symonette
Hi, all
I'm 22 just starting out in the real estate investing business. When I say starting out I mean just now dipping my feet in the water, I'm not quite sure what to begin with. Whether it be flipping houses, whole sales o...
Rose M.
Form 1065 - Filed for an EIN now but formed the LLC in 2014
I formed an LLC back in August 2014. I did not do anything with it. Recently, I decided to try again so I applied for an EIN # with the IRS for this LLC - never got one when I first formed the LLC. Well I got the E...
Brian Harris
Second investment property
Hi bp family I was told that you should wait 1 to 2 years of tax filings before buying another investment property because buying too quickly can put you in a different income bracket and raise tax liability.? I bough...