Hi all,I need an LLC for an out of state RE project. Is this something I need to hire an attorney for? Where do I incorporate it? Is there a way to do it myself?It's for me alone and there are no other partners/invest...

Hi everybody-Im attempting to figure out a rough number to incorporate for expenditures. Specifically heat and water for a triplex in lower Westchester, NY.Additionally, as I had mentioned before, my idea behind purch...

Hello BP Community,I am in the process of scaling my business and am looking for wholesalers and bird dogs to work with. I would prefer experienced wholesalers, but newbies are welcome as well. I am also looking to wo...

I think I originally posted this in the wrong forum so I am posting it again here.
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One...

Hello all BigPockets!This may sound straightforward to most but I would like to know being a Canadian Citizen, if i wholesale (assign) deals in US using my US Based LLC, are their going to be any tax liabilities arisi...

I've got an LLC taxed as a partnership with one additional partner.  Renting real estate is the only business activity the LLC does.  I'm looking ahead to Form 1065 and the associated Form 8825.  Although we track exp...

I am trying to start an S-Corp and have a few questions.

My very first step in the process is to fill out an SS-4

Question 1.

"Legal name of entity (or individual) for whom the EIN is being requested"

For this, sh...

I'm in the thinking/planning/structure phase of an idea.I've got a company located outside the USA that has some money, would like to use that money to purchase property (ideally commercial 5+ unit residential buildin...

I recently bought a duplex and will be fixing them up and living in one side while renting the other. From those who have done this before or otherwise have knowledge on the matter, should I hold this property as an i...

Hey BP!

I have a 6 unit property that has a parking lot. I plan to have the parking lot plowed. Do I need to shovel the "sidewalks" from the parking lot to the individual unit or could I incorporate that into the...