Filiberto Cortes
Investing with Partners
Investing with partners, personally I wouldn't due . I did a partnership that turned a nightmare at the end, I walk away with almost nothing ,and he kept the business, but if you would do a partnership you have to pa...
Jerry LoCoco
Limited Partnership Agreement
Hello BP 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 not tak...
Matt Liu
Tax benefits of keeping management separate?
Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?
I do so the logistical benefit - if you have many proper...
Inam Rehman
Scheduled First Showing On Investment Properties
BP !!
I have finally after months of researching properties scheduled a visit to duplexes/triplexes that seemed interesting to me. I am really nervous and have no idea how the whole buying process goes! What ...
Josh Wagner
LLC vs. Inc for Investing
I searched for this topic earlier, and it did not yield many results. I am planning to wholesale houses initially, and then move on to flipping homes, buying and holding, and much further down the road getting into co...
Anastasia G.
CCIM Designation
Hello!I am looking to see if there is anybody interested to start working towards CCIM designation, I will have to take classes online since they are not taught in New Jersey.I am looking to start in April. Would be n...
Shola Coker
LLC formation
Hello everyone,I have a LLC formed in the state of Delaware and will be flipping properties in Pennsylvania. I was informed that I need to register my LLC as a foreign entity in PA. How do I go about doing that as I a...
Andreas W.
Water heater, a personal property and therefore de minimis?
Can I deduct a new water heater after the old one stopped working using the de minimis safe harbor? I have not found any reference for that.
Steven Colt
Investor Contractor Structure
Hello BP,
I am a contractor in Nashville, TN and we generally focus on residential remodeling. Over the past few years we have completed numerous renovations on SFR flip houses. Several of the homes have been typica...
Logan Jamieson
Building duplex or quad plex
Hi all,I have been presented with an opportunity to invest/partner/ or purchase a property in Brunswick Maine which currently has 1 home on it and is zoned a max of 5 multi-family. The current home is most likely a t...