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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.
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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...
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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...
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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...
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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...
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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...
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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...
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my father passed Jan 2016 and had 3 properties in an LLC that i have been managing ever since. The property WILL be in my name AFTER probate however the courts are "taking forever". i talked to the person that does (h...
Next week I will be meeting with the owner of a property management company in my area. I've been trying to find compatibles to value the company, but I am falling a bit short. I've talk to another property manager ...
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Hello all,I have found that several individuals are having a hard time with one part or another in their business. Whether it is new deals, not having financing, and so forth. The network we have is vitally important ...