Burt L.
One Darn Clause Prevents Converting 8 Rentals for Condo Sales?
BP Nation- I've been speaking with many mortgage brokers and haven't been able to break through in the least. I have two 4-plex's on lots next to each other in Colorado. They were built in 1948, fully permitted and h...
Alanna Williamson
Should I Just Do IT??
I have the opportunity to earn a finders fee of $20k. This would be my first endeavor in Real Estate. I don’t have a company, llc, team established yet. Is this legally ok to do?
Why or why not??
Also, looking to bui...
Quan Dao
Forming LLC & Deed question
Hello everyone, I am starting my short term rental journey. Currently, I only own one property with a mortage. Should I open an LLC or should I run it as individual? Furtheremore, If I open an LLC, am I required to ch...
Enrico Innocenti
Receiving money from Foreign people
Hello,a friend of mine lives abroad, but would like to invest in real estate with me and share in the equity-upside. My CPA is mentioning FIRPTA as a relevant topic.have you ever received money from Foreign people? Wh...
Karen Eggett
Does disregarded entity issue 1099INT?
I have a single member LLC (BV) that is owned 100% by a partnership LLC (ML) and is treated as a disregarded entity with all activity being reported on ML's 1065. BV paid interest to individual investors and needs to ...
Calixto Urdiales
I Want to go LLC!
Hello there everyone,
Now lets see I wanted to create an LLC for multiple reason and I needed to be clear on some of those reasons! The following thread is going to be me asking questions pertaining to an LLC and the...
Karl McGarvey
Why I hate the words "Let's Connect!"
How many posts a day do you see on BP, FB, Insta, or any of the other social media platforms that end with "LETS CONNECT!"TOO MANY. And many go unread, ignored by many, because they really offered nothing in the post....
Eric Fete
LLC with partner question
Hi everyone;
I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:
1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...
Alicia Collins
LLC or personal name for all-cash offer?
Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...
William Yeh
Bay Area Portfolio Lenders
Hey BP. My group is engaged in residential rentals under an LLC and we've been struggling to find portfolio lenders in the Bay Area California with reasonable terms. We've come across a few lenders that have quoted in...