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Results (1545)
Justin Young Are owners willing to show their T12?
25 February 2019 | 28 replies

Aloha BP!I've been trying to ask owners of multi-family if they'd be willing to send me their trailing 12 to help educate myself but I haven't found any takers? Is this taboo to do or should I continue asking? To star...

Cliff T. Starting an LLC questions
12 August 2022 | 11 replies

Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...

Jason R. Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies

Anyone know of anybody in town (Las Vegas or Henderson) willing to open a bank account for a series llc cell? Banks like Wells will open one for the master llc but not the cells, so that won't work.I know the larger i...

Eric Gabriel $500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
6 March 2017 | 16 replies

I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000.  There are several goals that I will list below and desired results of those goals.Goals:
Inv...

Fred Tracy Managing Accounting With Several Properties in Single LLC
15 January 2020 | 6 replies

Hello all,I searched quite a bit and couldn't find this topic covered. I've got a series LLC with a single checking account and have three properties in it. My question is about how to efficiently manage withdrawing a...

Robert Fernandez Tax Strategy, Construction LLC?
30 April 2020 | 13 replies

I'm a newbie investor in the Baltimore market, and am fairly hands on rehabs and construction process.  I plan to act as the General Contractor, sub-contract some rehab work and take on some myself to keep my rehab co...

Swat Khan 4 unit Multi-Family - Creating an LLC
29 February 2012 | 6 replies

Hi biggerpockets!

First off love the forum!

We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...

Saar Kagan Strategy: Flip for Cash and then Buy & Hold?
8 June 2016 | 14 replies

So I'm wondering if this is a good overall strategy to begin with..Since I don't have much capital... should I start with a few flips to generate some investment capital and then buy some rental income properties?Does...

Levon Turner Convince others to invest
23 October 2014 | 10 replies

Hello Everybody, quick questionHow can a new wholesaler have investors or others invest into your projects without stressing them out because you’re just starting out and wholesaling properties is new to them? 

Grace Porritt Should I Pay Myself as a Manager?
16 May 2016 | 8 replies

I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact.  I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...