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Should I become an LLC? Pros and Cons? I have two rental properties in Massachusetts. I am wondering if my legal responsibility will increase if I get a business license?
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I am in the process of transferring my 401K funds to a SDIRA. I understand I can transfer my funds to a SDIRA. Do you know someone locally who I can get in touch? I am looking to use the cash to purchase my first pro...
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Good Morning, My name is Jessica and I have recently joined the BP community. I have read a lot of the posts in regards to people's opinions about whether or not to pursue a degree to grow my REI. There seems to be a ...
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Hi all,So I'm preparing to rehab houses in the next year. I'm currently enrolled & working on the courses to satisfy educational requirements to be a RE salesperson in Texas.In one course, it stated that a busines...
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I have watched a youtube video that the CPA talked about forming a S corp and dump real estate agent commission into the S corp and pay less tax etc etc. my Question is, for most real estate agents, they are not the o...
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Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Ok, been doing my homework ... I am not a lawyer. If someone sees any problems with this, let me know.Let's see if this makes sense. I'm looking for the ultimate in external and internal protection of my assets in AZ ...
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I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
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I have been involved in purchasing houses at the sheriff sale. I fix and flip all the houses. For the past 3-4 months I am finding that the banks are paying prices that simply don't make sense. I speak to other invest...
Hi all,I am seeking information on how to set up bank accounts for rental properties. I have opened a separate account for my first rental property, but I'm not sure if I should open up a second account to deposit th...