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How do I use this site for looking up attorneys and cpa's. I know the network function doesn't have either category in the drop down under companies. If I go to the member tab and try to search by company I get the sa...
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I recently bought a cash-flowing duplex and SFH home. I am house-hacking the SFH and the split will be somewhere around 28% personal and 62% business. Some of the money I used was my own, but I also borrowed multiple ...
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Hello BP Pro Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will n...
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Hello BP family,
I'm a recent grad (<2 years) and have been working since graduation (corporate job). I have been educating myself as much as I can financially, and real estate seems like a really good potential i...
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How would you account for appreciation/upgrades to a new construction build from a Cost basis perspective?Ex) Original build was estimated to be $500k, however during the build upgrades were selected such as windows, ...
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Hi Experts, I am a newbie to the game and have no clue what I'm doing. Anyway, here goes:I purchased my first house back in 2002 and refinanced it in 2013. The mortgage balance is $77k and the monthly payment is $8...
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I'm considering investing with a partner. Here's the plan:Since we each own our own single proprietor LLC (let's call them LLCDave and LLCJoe), we are planning on creating a new LLC (123 Main LLC) for the purchase of...
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I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
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Hello, my husband and I wanted to get into real estate, so we bought another home and decided to Airbnb our current home in Texas. I have questions about how to best proceed financially for tax purposes. We set up a s...
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Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...