Phillip Gant
Partnership structure deal or no deal
I have three partnerships that I am working on but I want them all to be fair and I'm not sure what is right. 1. 3 people, equal part investors and experience level. All 3 are splitting proceeds and expenses from a sh...
Nick Feyereisen
structuring your RE company
I own a construction company and have done all my real estate flips under that LLC and im now looking at starting up another company to house all my real estate deals. Just wonder about pros and cons of having two dif...
Account Closed
REI Analysis Excel
Dears BP Members,I was wondering to get one of these software, hope it can save my time doing analysis on "excel" and help to present the package to my Investor. But I need an insight from you all about the Excel "h...
Cliff Zarbock
My Investment Entity Structure
After a meeting with my accountant and attorney I have finally set up my investment entities. Here's what I did...(This is not legal advice nor is it tax advice. Please consult your professionals to best determine wha...
Jason Griffin
Seller-financed property... Do I need to issue a 1099 for interest paid?
We purchased a triplex in 2022 where the seller held the loan/note. This purchase was made in a newly created LLC. Do we need to 1099 the seller for the ~$5600 in interest that was paid on the loan in 2022 in order ...
Account Closed
Tenant not paying last month - Eviction
I am a landlord in Massachusetts and I'd like to serve an eviction notice to one of my tenants.
We have a signed 6 months lease that ends on Junes 1st but last month rent was not collected when the lease was signed....
Denise Case
Self-employed prospective tenant and 1099
Screening a tenant that is self-employed. Provided a 1099 from the company he does work for which is under his company name and one month's bank statement under same company name. They also own and rent a 4-plex so t...
Fred Johnson
Proof of funds letter
I submitted an offer for a 20 unit property. However, Broker wants POF letter before he will review the offer. What is the quickest and best way to obtain a POF? I noticed some Hard money lenders want application...
Rachan M.
CPA in Washington DC
I'm looking for a good real estate CPA in DC to help with ongoing tax strategy and planning. I have W2 income, a solo 401K account that is likely underutilized, and am looking to invest in my first rental property.I w...
Ray Realdine
Recommendations for Tax lawyer and CPA
Good evening BP family,
My wife and I are just starting out in real estate investing and I was hoping to get recommendations for real estate attorneys and CPAs in Bucks county, Pa. Anything you could provide is great...