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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...
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Hey guys, just curious what software or services you guys are using and how does it make your lives easier? I'm trying to better understand whats already out there to help your passive incomes stay passive. As I work ...
Good morning BP Community!
I am a fairly new investor that is hoping to learn how to analyze small multifamily units (5+ units). The above information was provided by a local realtor who is essentially wholesali...
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My husband and I are considering purchasing and rehabbing an old Catholic convent into several apartments. The Catholic Diocese is giving a good price but selling the 100+-year-old three-floor property as-is. We had...
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Hey BP Family!
I just wanted to stir up a little topic and hear how others are taking care of their people in their real estate businesses. I think it’s important to give back when I want for people to help me in my...
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Hi guys, how can you properly value apartment complexes when it seems like so many people calculate their cap rates differently? Do you include debt? Cap ex? Maintenance? Or just a straight annual gross to purchase pr...
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I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
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First off, many people ask where the Employee Retention Tax Credit (ERTC) originated from?
The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses t...
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Hi everyone,
Being that we have grown beyond my time and expertise in managing our taxes and finances, I'm looking to find a local accountant that is strong in RE investing and property management.
Any ...
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Hello! I was hoping that anyone who self manages can share their current business plan - specifically if they have 100 + units. Does anyone employ a full time maintenance technician? Do you currently provide a vehicl...