Jerry Chou
entity structure and ways to expense business activities
Hi everyone,I'm new to BP and is trying to set up legal entities to start running rental property business. I did a couple studies but want to make sure I'm getting it correctly.For structuring the legal entities, it ...
Jill Grodi
Looking for bankers, RE attys, & contactors in Asheville, NC
My husband & I are new to the area - we bought the home we are living in 3 years ago and rented it out until we moved here last September. We just became aware of a rental property that we’d like to make an offer ...
Christy Holt
Should I LLC? Benefits to LLC?
Hello,I'm wondering if I should create a LLC? Right now I have a few properties, but hope to purchase 4-5 in the next month. I live in California and have properties in Tennessee. The properties I'm getting ready to p...
Mark Hu
Cannot close deceased parent's apartment bank account
After my mother's passing, Wells Fargo bank has locked up her business account. My sister, who is executor of her estate, cannot access it. I am cosigned on account, and have helped manage the account for decades. Thi...
James Letchford
Self-Directed IRA and Family
It's my understanding that someone can not use there self-directed IRA to benefit their direct family. In other words, I couldn't use my self-directed IRA to put a down-payment on a property that my brother will use ...
Casey Ferry
Do I need a business license to Run an Airbnb?
Hello! I am about to put an offer on a great house hack duplex that has been getting used as an airbnb and comes fully furnished. Do I need a business license in the state of California to run an airbnb? and if so wha...
Marcelino Ortiz
Real state and lawn care
Hi my name is Marcelino Ortiz my wife and I started a new journey in investing in real estate we currently own 2 houses and we are looking to own few more we love working in our houses we try to get as much done our s...
Cody Bernardy
21 Year old Investor From Tacoma WA
Hey BP!
Just wanted to introduce myself, my name is Cody and I've been an entrepreneur since day 1!
I just got back from celebrating my 21st birthday in Las Vegas! I opened my first store when I was 13 years old...
Goldy R.
Is Petersburg, VA improving or is it hot air?
Looking at purchasing a commercial warehouse property in Petersburg, VA for our own use.Property is near the historic district, good size, near highways, and priced right so we still have room to invest in business &...
Jared Ortega
Business LOC & Business Loans
Good morning BP family! I have a question that some of yall hopefully may be able to answer. Ive been trying to find and get approved for a business LOC/loan but I am having no luck in getting approved. The reason I k...