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Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...
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I have a somewhat specific tax related question I'd like to see if anyone has encountered before.(Standard disclaimers apply, you're not giving me tax advice or financial advice, just looking for general resources etc...
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Title says it all but I’m wondering how you all manage your properties with a business name? I think we would have trouble moving the property into an LLC. We want to remain pretty anonymous- don’t want tenants know...
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Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...
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Current BRRRR
deal. I get caught up in the
refinance part. I have found that most local banks in the Prince Georges County, MD
area are not interested in this type of deal. Anyone out there have any
leads for p...
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Hi Folks,I have found a property in my investing area that is owned by M&T Bank. I have been unable to track down anyone with the bank to find more info. The property has been vacant for well over 2 years. It hasn...
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Hello bigger pockets community! I am ready to make my first move and have been studying a specific market for a long time. I believe I have found a deal that is priced right. I plan to purchase and rent it out, any su...
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One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
I'm Going to try to be short sweet and detailed. I feel that you guys need a little background first. I have A LOT of school loans which is killing my debt to income ratio. Banks aren't in the position to lend to me ...
I couldn't think of a better topic name but the title sums up our situation. Here it goes - I'm representing my uncle to purchase a property in the Los Angeles area. I'm not an active realtor but am licensed and tryin...