Joe Stout
Running Income and expenses through an LLC
Hey everyone, I've been told a million times to start running my income and expenses through my LLC. What is the purpose of this? I am worried about running it through my business and then becoming less "bankable" to ...
Josh Collins
Is my storage facility name too similar to a nearby facility?
If an existing mini-storage facility is named Madison Storage and I open a maxistorage facility down the street and named it Madison Storage Garages (and the Secretary of State approved our business's name), can the e...
Bruce Woodruff
First -time message from VRBO...?
First time this has happened, got the message below..... The city has no maximum nights allowed, so what is up with VRBO limiting nights? Anyone had this happen?
Regulatory block:This property has been booked for t...
Tiffy W.
LLC's R/E losses to Personal Income tax 1040
Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
Jon S.
Liability Exposure vs Tax Exposure, they seem to be at odds.
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
Jonathan Bonck
How to Give away Equity/Depreciation to Private Investor
Hey BP!I am wondering how you give Depreciation and Equity away in a Deal. I have a Private Lender who will lend enough for Purchase Price and Rehab of a SFH. The situation is that I will be able to keep all the Cash ...
Chase Smolik
New Investor from Houston (and College Station), Texas
Hello BiggerPockets!IntroMy name is Chase Smolik and I'm a new investor from Houston, Texas. Currently, I work in educational technology sales. I've been fortunate with my success here and am looking to build my portf...
Reid Isaki
Rancho Palos Verdes rental question
Having a hard time to find this answer but I know that LA city has RSO but for rancho palos verdes, what are the laws surrounding single family home rentals? ie: in la city proper (Rent Stabilization Ordinances) state...
Mark Stewart
LLC vs Personal Accounts
I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
Larry Im
Business Ideas for Solo401k
I am currently working as a corporate drone and intend on doing so as long as the value is right. Only day, I would like to convert an IRA into a solo401k. I am curious to know what businesses others have started wh...