Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
Good morning BP,I am currently in the final stages of closing on my first RE Investment property! I would like to inquire if there is an insurance agent on here out of New York, preferably Long Island that is an autho...
I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...
Hi, I am seeking advice on what kind of entity I should form for tax lien investing. My primary goal is not to own the properties but to simply reinvest the lien return into the lien. I understand that if I buy the p...
Good morning everyone. I have a landlord question I was hoping to get some input on. I closed on a condo in a Chicago suburb to rehab and then rent out. I did all the inside work myself and that work is pretty much...
Hello,I will make this as short as possible. I am not sure if this is a rant or just me looking for confirmation on my thoughts, but overall just need guidance. Recent graduate with B.S in Finance. I have always taken...
A few days ago I announced our first BiggerPockets Group Video Project - What Was Your First Real Estate Investment Deal? Share Your Video
So far, we've only had one submission from Jon Klaus, so I wanted to re-post ...
I buy properties on judicial sale and sell them in as-is condition to investors/rehabbers . I don’t know conditions of properties. I disclose that in the state required disclosure form. I hold the property couple of w...
Hello all!
I have just moved to Denver from Tucson, AZ, and am hoping to use this opportunity while I'm here (another 9 months or so for work), to meet some great people, establish some relationships, all the ...
This will likely be an easy question for some of you.So, if I generate 3 LLCs, 2 of which hold 1 rental home in each, and the 3rd which is the main LLC that owns all other LLCs under it...How do I make that true? Wh...