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My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...
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I recently took Marcus Maloney up on his 15-min free consultation offer. As an aspiring wholesaler, he answered all my questions surrounding the topic that are crucial to beginning the process, such as: Platforms to f...
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Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
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Hello BP!
I just wanted to share my experience with my 203k loan for my first home purchase/House hack. I believe it is the most underutilized loan program, but I can understand the fears of the unknown. With that be...
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Hello BP!
I just wanted to share my experience with my 203k loan for my first home purchase/House hack. I believe it is the most underutilized loan program, but I can understand the fears of the unknown. With that be...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2780760/small_1688043829-avatar-chelsaa2.jpg?twic=v1/output=image&v=2)
Anyone have any experience subdividing in San Diego? I recently acquired a 1.6 acre property in Encinitas on Manchester on the lagoon— with the intent to build a modest house near my favorite surf break, and recoup co...
In need of some advice, pending legal consultation with my attorney.
I am a licensed real estate agent in Michigan, but do not practice as one. I have a friend who lives in Texas & I viewed several properties he'...
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While trying to buy my first investment property (175K), i am being told by mortgage brokers that I can't get a loan. The primary reasons being given are:
1. I don't have 2-yrs worth of self-employment hist...
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How do I set up business accounts for flipping homes? I am 25 and only have my personal chase account. Looking for advice on how to setup my business for long term success.
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We’re two months into our first flip so will be finishing out this month. We’re still undecided what to do with the car port that was attached to the *front* of the house. The original home owner had done a nice, larg...