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Results (9809)
Aaron Brown Home Warranties on Fix/Flip
16 November 2021 | 4 replies

In instances where you purchased from a corporation as-is and they don’t have utilities in their name to be tested in an inspection, is it common to purchase a home warranty for protection? Any thoughts? 

Chesil Thye Changing LLC TO S Corp for filing taxes after a flip.
22 May 2019 | 8 replies

We just finished a rehab and put the house on market. We are at mutual right now and my partners would like to change our Llc to a S Corp. They say it is better for tax purposes. We will also dissolve the S Corp after...

Karl Watson Unique strategy
7 May 2013 | 2 replies

I live in a 6 unit building that is all owner occupied at the moment. Our HOA is incorporated. My idea is to have our HOA “business” save enough cash for a down payment and set it aside. Then, if any unit wants to ...

Athena R. New Florida Member Selling Home to Finance Flip
3 April 2016 | 4 replies

Hello BP! My husband and I are new to the forums, and are steady listeners of the BP Podcasts. We are both currently employed in the corporate sector, and are highly interested in getting into real estate investing. W...

Jim Copen Roll 401k to a self directed but, I own a business with employees
2 May 2016 | 2 replies

I own a remodeling/handyman business in Chicago. Its been a slow winter and we are moving to a new office that is eating up lots of my cash. I am in a bit of a cash crunch for the next few months and wanted to tap my ...

Robert Howard Moving property from my name to the LLC
3 June 2017 | 5 replies

I'm getting ready to quit claim a property into my LLC's name, but I thought about insurance issues.  Can I keep the insurance in my name or do I need to move the insurance into the name of the LLC.  Also if I do chan...

Maribel Manibo Need advice on retroactive filing of 5500 (401k related)
30 January 2023 | 2 replies

I used a Rollover for Business Startup (ROBS) to start my REI business a few years ago, rolling over 401k funds. I fell behind due to personal/health issues in filing the 5500 (3+ years) but my business also did not m...

Denyse Dar Des Moines Market - heads up!
30 May 2022 | 1 reply

Im a new construction specialist/private REI investor working for a national builder in the Des Moines area. I used to do long term (5 year) flips in FL and now do shorter term (3 years) Buy & Holds. I picked up m...

Jeremy Barren Forming an LLC for REI in Multiple States
8 August 2020 | 1 reply

Hi BP Forums! For those of you who have properties in multiple states, how do you structure your LLCs (or other entity)? I intend on purchasing in more than my home state and am researching what are the better states ...

Matthew Post EIN SSN LLC 1099?
26 January 2016 | 3 replies

My father and I own 3 properties (6 units). Taxes are becoming more confusing each year as we have more properties, more repairs, contractors, interest, etc. What is the best way to file our taxes so everything is spl...