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Hi BP!
I need your help.
A family member is going to be selling an investment SFH, with the profit to be re-invested into a student housing SFH via 1031 exchange.
Lord willing, my family is going to buy a SFH on ...
If a bank owns numerous houses and empty lots in a subdivision because the builders went bankrupt and some have been under their ownership for over 3-4 years are they required to pay the HOA for dues on these properti...
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I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
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Hello everyone! I believe this is my first post. Let me start by saying that I will ask my CPA these questions, but I want to know what I’m talking about a little better first so I’ll know exactly what to ask. This ye...
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My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
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The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
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HiHas anyone ever heard of this company? They offer to secure a business line of credit. Approval process is the usual, you need to fill out a form with all the usual info including social security number of course....
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We use QB for accounting and Rent Manager for PM (I often feel like it uses us - although there customer service reps are great). I was wondering how people do classing for MF properties. We have 60+ doors. Most multi...
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Several months ago I posted about Austrian Economics & hard assets & preparing your real estate business for recessions big & small. It stayed on top of the thread wall for a week & got hundreds of res...
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I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...