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Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
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Hello all BigPockets!This may sound straightforward to most but I would like to know being a Canadian Citizen, if i wholesale (assign) deals in US using my US Based LLC, are their going to be any tax liabilities arisi...
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Backstory: My wife and I were walking the neighborhood and writing down addresses of homes that we want to start mailing to when we came across a home that was boarded up. We talked to the neighbor and she told us tha...
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My best tenant used the outside hose to clean out the garbage can when it was freezing outside at 30degrees out.
This caused the outside spigot pipe to burst that leads in the basement. (thanks for easier access)
I ...
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Alright, very exciting stuff.I flipped a house last year, and during the sale put it up on AirBNB hoping for a bit of cashflow during the sale. The property did excellent, and a buyer fell through. My long time girlfr...
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A tenant in one of my single-family homes has asked whether I'm interested in selling and whether I'd consider doing a lease purchase option on the house.I have no strong feelings about this one way or another, but I'...
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Hey all,
Just recently stumbled upon this forum in an effort to expand my knowledge of getting into the home rehab arena.
I've also been reading through some of JScott's 123 website, and it seems to have some great ...
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Hey BP!We have this home under contract and it's an awesome deal! The problem is that the front of the house looks the it should be the back of the house! We are trying to come up with design ideas. Currently there is...
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My business partner and I are new to the REI game. We currently have two houses that we have acquired and we are in the process of acquiring contractor bids to renovate them for resale. My question is, should we purch...
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Hi All,
My name is Michael. I am new to real estate investing and I'm looking forward to sharing ideas and learning new investing tips. I graduated from college in 2010 and currently hold a job as an accoun...