Vic Vega
Using an LLC. Pros and Cons??
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
Mike Wells
Astonished at my tax services bill!
I have 6 rental properties, all Single Family Homes. I was previously paying a tax professional around $800 to $900 to prepare my tax returns for my 6 properties as well as my personal. I am using a new tax profession...
Frank Yaccarino
how do I find a investors buying agent?
Interested in buying multifamily and or fix and flip. How do I choose/find a buyers agent?
Jesse Krup
Home office deduction
General question, that I think I know the answer to, but want to confirm. Situation: I have an LLC which I plan to use as a rental business. I plan to qualify as a business and meet the criteria for the home office de...
Monica Evans
Tax deduction question
My husband and I recently closed on our first investment property which we plan to fix up and then rent out. My question is: if we redeem our personal credit card points for Lowe’s / home dept gift cards to go towards...
Crystal Wilson
Approving for loans with my business income
I have a personal and a business account. I only use my business account for my 3 rentals I own. So I know what money is coming in and out. But when I go to get approved for a loan they want to see my business income....
Ethan Aurellano
How to avoid Bad Mentors
Good day, BP Community,
I'm currently reading chapter 4 on the "book of rental property investing," and I came across the part when Brandon said that you must "Build a relationship by offering value" and Give more...
Spencer Sakai
Lease Agreement Questions
I'm a new investor who recently closed a rental property in OH. My question is if the property is under a personal name, can you make a lease agreement under a business entity with the tenant for the property?
Thank...
Omar C.
TAX ID/EIN protection
Hi, I recently received vehicle registrations in my company's name that I never did. I called the DMV and they said it's a simple affidavit to get it removed but I asked how did this happen. They indicated the perso...
Derek Foreman
Income, Credit Lines, and Taxes
My partner and I are wanting to use our credit lines for personal expenses while working on our flips. This would do 2 things: 1. Ensure that we have some income while working on said projects. 2. Lower our total tax...