John Semioli
Hosting Events at short term vacation rental.
Hi! My wife & I started our AirBNB business in October 2021. We have received a few requests to have weddings hosted on the property. These requests are super flattering but are catching us off guard. We hone...
Shivam Patel
LLC Transfer Process
Hello Everyone,
I am actually relatively new to real estate, but my father actually owns 4 properties under his name. He wants me to take over the business and I have been following Bigger Pockets podcast to learn ...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
Shannon Vanderweide
LLC vs Umbrella policy? (Another one of these...)
The dreaded LLC vs Umbrella policy question.. again.. Just to start off, I want to mention that I have read through a hundred or so of these posts on this site already as well. I can't seem to find a local real estate...
Patty Harris
LLC
I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...
Arjun K.
Another legal structure question!
I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Kirsten Ostby
Advice on buying Commercial Bldg, without broker, owner to occupy
Looking for some advice on how to handle a commercial real estate transaction with out the involvement of a broker. I'm looking at a few different buildings, and talking directly with the owners about purchasing. The ...
Scott Smith
One weird legal trick to protect your assets better than an LLC
When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...
Levi T.
Why you need an LLC on your properties.
I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...