Hello! A question for fellow BP investors!I am a CA resident and trying to create an LLC to protect my assets in Missouri. My CPA says I need to create a CA LLC and then register in MO, then transfer MO properties int...
Hey all - first time poster, long time listener. I would like to expand my portfolio but I have a hesitant partner so I am working on doing this slowly. I own a rental home, a personal residence that I turned into a r...
Hey guys, first time here and this might be a tricky question. Is it possible to create a contract to a buyer for an over-the-counter tax deed property without first taking ownership of the Tax Deed? This is in the in...
I read something along these lines (but correct me if my understanding is wrong): that if you get into a partnership and purchase an investment property (e.g SFR LTR 50%-50% with a partner), and then some years later ...
I am a Canadian investor who is looking to purchase my first turnkey property in the next couple of months.As I am a Canadian resident, who is looking to build out my real estate portfolio. For tax purposes, I was thi...
Hey all,so I recently completed an owner finance deal as the owner/lender. The checks have started coming in but I now realized I don't really know how to best track this income. For instance, should I be making a s...
Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...
just like the title says should I purchase homes in my personal or under entities like an LLC.
I have read if I use an LLC I will get double taxed in the USA and in Canada
Does anyone know if this is true or not I a...
As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate. It's at this juncture where you likely have around 20-40k saved up, an...