Dear moderator and fellow investors,
I would recommend splitting the forum into two forums: small multi-family forum and large multi-family forum.
These are two completely different animals in almost every aspect (u...
Hello BiggerPockets community! I am a newbie who is interested in wholesaling. I own a swimming pool service company and every fall/winter we slow down and I find myself wondering what I can do to stay busy and make m...
Hey BP Fam!I live and invest in Southern CA, up until recently I've been wholesaling and rehabbing part time. As of this month I am now involved in Real Estate F/T. I assume now is the time to establish some sort of e...
Here is my situation,I've been on temporary jobs/assignments through a temp agency for almost 2 1/2 years. I originally did this because I didn't know at the time what I really wanted to do career wise even though I h...
Hi All, I am a real estate invester with approximately 100+ units. I am currently using Buildium, but it takes becoming very "clunky" and time-consuming to enter various details. I have been looking at Appfolo but t...
I flip homes and I get paid from either at closing as consultant on the HUD or 1099 from my partner after closing. I currently want to show the highest income possible (future borrowing purposes) but pay as little tax...
I’m looking at an 8unit apartment building, 2bd/2ba each. Asking price is 359,000. Conservatively I’m assuming $550 per month rent. 1 unit is vacant. I expect about $80,000 in renovation costs. $439,000Rent $4,400Mort...
Hi BP!
I am a California resident and I have an LLC in Indiana for my rental properties where I am the only member. This is my first year having an LLC and filing out of state. I was wondering if I need form 568 for ...
Hey all,
I’m working on wholesaling right now and to be honest I don’t know much about taxes. I’ve only had to do my taxes once or twice and only through turbotax and such. Is there a certain percentage of my wholesa...
Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...