Michael H.
Anybody here on BP actually running an ACT 20 Business in PR now?
So I was watching a presentation by Kevane Grant Thornton last night on Act 20. My understanding is that Act 20 has recently been amended by the law makers to eliminate the 5 employee requirement to attract more small...
Krista Harvey
Charleston - Air BnB
Hi,
I am looking to buy a property in Charleston SC to Air BnB and it looks like there are many zoning laws. Anyone familiar with how it works? I see there’s a short term overlay district but within there are differ...
Osazee Edebiri
Investing in California
This is more of a question to get a pulse type survey of BP investors. So over the last couple years plus there has been mass discussion about exodus out of the state of California. We can definitely see trends of whe...
Jerry LoCoco
Limited Partnership Agreement
Hello BP Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will not tak...
Matthew Kauk
STR loophole for AirBnb
I have an Airbnb that I bought in August of 2023.
Starting in January of 2024. I began to track my hours and where those hours went.
My understanding is that I can use the STR loophole to reduce my wife's taxable in...
Geronimo T.
Attorney retainer fee
I'm im process of structuring my LLC. Currently talking to board certified real estate attorney. Haven't spoken with CPA but definitely will as I expect them to work together to protect assets and make it tax effectiv...
Wade Stahle
how soon can I sell after loan closes?
I want to make sure im not overstepping any laws or guidlines here.I built a house out of cash. Refinanced into a coventiontal traditional mortage. I now have someone who wants to buy it. Can I sell with only lived it...
Account Closed
The SELL
What kinds of questions do buyers ask? I have never gone to an FSBO. My real estate hunts have been via a real estate agent, who basically opened the door for me. S/He signed in and walked me through the building, som...
Sean Lauber
Young credit score, just moved to USA
My wife and I have spent the last year or so getting myself a green card and have moved from Canada to upstate NY. We are brand new to this country and have very little credit history but very much want to get started...
Sharad Bagri
Real estate partnership, need to register in multiple states
We are a few friends from California looking to invest in multi family real estate in Ohio. Initially, we were thinking to make an LLC. For LLC, we need to register in Ohio and California. If we don't go the LLC route...