Jesse Burns
Division of Assets During a Divorce
Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
William Stinson
Employee approached me about doing a secured promissory note
I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
Jay Hollis
Moneyflow for multiple LLCs and management LLC
We have 3 LLCs, one of which is a Series LLC. One of the three is the managment company owning no assets. All rents and expenses go through this LLC. The remaining funds are then sent to the other LLCs that own the p...
Huiya Xiao
Looking for rental property down the road - interested in Fredericksburg, VA
I joined BiggerPockets 5 or 6 years ago, but never pulled trigger on a rental property because of analysis paralysis and lack of education I guess. I looked at some townhouses near Lake Ridge, VA area even before that...
Account Closed
Canadian Turnkey Deal
Hi I'm Looking to get into Real Estate Investing I got this Deal from a local turnkey company here in Canada from the looks of it the deal isn't good. What's your opinion?2 bedroom CondoDeal Selling Price : $269,9001s...
ZZ Song
Any experience with Prime Corporate Services?
Hello,I am trying to get my LLC started and many people (including Pace Morby) have recommended PCS. But there are also a lot of reviews online calling this place a scam. Anyone here who have worked with them before? ...
Carl Kallgren IV
Lawyer vs. Accountant - who first?
Hey BP fam!Newby investor from the NC Triad area - Greensboro, North Carolina. I've got my first property under contract (with a partner), and am looking to talk to a lawyer and an accountant before I get too much fur...
Lyndon Timbang
Check Book IRA to Syndication
Hi BP,
Just need your input about this: i am planning to rollover my 401k (from previous employer) to a Check Book IRA, LLC then after, i am looking at joining Syndication. Is this a good move? If not, wh...
Justin Moy
The Math Behind Replacing Your W2 Income With Passive Income
There are lots of ways you get returns as a real estate investor, but to replace your active income you’re generally going to focus on your cash on cash return - or the amount of money you receive every year from ca...
Kelvin He
Is operating with negative cash flow a good move?
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...