Hi BP Family!I'm looking to start my first JV deal and am looking for Canadian advice on legal structures. I am located in Toronto, Ontario but am investing in Kingston. Have any of you done a JV in Canada before and ...
How should an LLC be structured if you want to pay out to yourself and incur the least amount of tax penalties? Under a corporation?
I am just finishing up a rehab and its about time to get my hard money lender paid back, and get the money I put into the deal back out to rinse and repeat. The property is in my LLC and I am trying to figure out if I...
Typically I see some OAs and PAs that grossly undermine the the goals of the investors. Undoing the mess via amendments, etc… always tends to be laborious and more expensive then getting these right the first time.Why...
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Still dealing with the aftermath of IRMA here in South Florida, even though I have four large trees completely uprooted and caved into my house and my rentals, I am still counting my blessing the eye wall didn't come ...
Another thing I thought I would mention in regards to cost segs is they generally increase the amount of tangible personal property, which is really anything but real property and intangible property.The definition of...
Good morning everyone! I just wanted to share a small piece of advice that I have experienced personally very recently.So a little bit of background, I have a 3 family property in Leominster, MA that is laid out in an...
My parents are looking at partnering with me and my wife on a triplex. I am going to be living in one of the units to be able to qualify for an FHA loan. My parents want to be able to gift me the money for the down pa...
Is $100,000.00 Equity high equity on a property that is worth $600,000.00?