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I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
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Was offered with a turnkey deal in Indiananpolis, INDuplex, 2 bedroom and 2 bath (1 bed, 1 bath each unit)Monthly rent : 1100 ($550 each side)Tax per year: $684Acquisition cost: $35,000 (per zillow, it was selling for...
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Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
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Hello you all, im brand new to BP so please forgive me. So im looking to get started with a rental property i had been eyeing, my finances aren't there yet to purchase with no loan, so a loan it is. Im actually i...
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I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
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Hello BP!My name is Nick Sinur, and my wife and I are soon-to-be real estate investors after the upcoming close on our first fourplex property in Lakewood, Ohio. I have had a passion for real estate since my teen yea...
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Hello BiggerPockets community,
My wife and I purchased a house in Katy, TX a few years ago for $230k, right before the market surged. We secured a 3.2% interest rate and currently owe about $200k. The house is now wo...
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Hello,I have three Airbnb's and I know I can do better than what I'm doing now. I'm making great profits off them, but I'm having issues with my m-th bookings and I would like to raise my rates. I'm hoping to find a c...
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I am new to property investment and am currently looking into getting my first property. I have been looking on the MLS for a while now and have not had any luck. What are the best methods for finding potential proper...
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I am a first time real estate rental property investor. I recently saw a YT video on SDIRA wealth with Morris invest and called them. I only spoke with one person so far and they scheduled for more information gatheri...