Reginald Willhite
CA Business Entity Qs: SDIRA Investing vs. Cashflow Portfolio
Hi All!I'm new to BP and so far love the environment. Had a quick question about business entity formation in California. I'm currently in the very early stages of trying to roll an old 401k into an SDIRA and use the ...
Jake Keating
First post - finance/tax questions about some Seattle-area land
Hey everyone, first post here. Based in Los Angeles but looking to possibly invest in Seattle and surrounding area since my wife and I have family up there and may make the move years down the road. Been listening to ...
Daniel E.
Note Investor Taxes / CPA - Non-performing specifically..
I imagine there are some very specific tax strategies for non-performing note investors. For example, if you purchase a $500k legal balance (unpaid principal + accrued interest/fees) for $200k, then rehab and sell the...
Tomiko Graves
Should I register as a business (LLC) before I get started?
With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
Ray Realdine
Cozy for Rental Applications and Collecting Rent
Hello everyone,I made settlement on my first rental property today and I want to use Cozy as the platform for rental applications and even collecting rent. My question for the BP community is: What do you do if the p...
Jonathan Clark
Questions on cash out refinance of warehouse property
I recently rented my 15,000 sq ft warehouse to a multi-state, A credit tenant. It is only a 1 year lease with renewal options because the tenant does contract work for Duke Energy and does not want a long term lease i...
Kevin Jung
Giving loan to your LLC and paying back with business credit card
I've been thinking of creative ways to fund real estate properties and can anyone tell me if this works or not?
So I have a single member LLC. Instead of ***contributing from my personal bank account to LLC's busines...
Benjamin Arritt
How do you aggregate personal finances w/ property investments?
I’m going to cross post this in a few places, and to be clear, I am NOT talking about software or a bookkeeper that specializes at any of the following:
bookkeeping for taxesrent roll and property managementprope...
Keith Schulz
Helping Tenant Improve Credit
Hi,
I have a former tenant that would like to buy a house. Currently this person has almost no credit history. He has never had a credit card and has never had a loan. He had a couple of outstanding gas and electri...
Filipe Coimbra
My potential 1st Deal :)
Hello to everyone in this amazing community at biggerpokects.com. First of all, thanks for all the education you provide.Ya, I know I go against to what Joshua and Brandon preach at their podcast (and they are correct...