Rod Lloyd
C Corporation for Rental property
I have been investing in Rental property for over 25 years and have been interested in forming a corporation to limit my liability, but my wife has always been negative on the cost of creating a corporation and a f...
Adolf A.
Buy or Lease new business vehicle? what are you doing?
What is your strategy for your business vehicle?
I have an LLC for my rentals and a S-Corp for my flips. My wife and I work full time across both. Currently we deduct the std mileage. Now are cars are gett...
Dom Nico
Tax and other implications of land trade
If I trade property I own in exchange for a property owned by a non-profit organization, what do I need to consider regarding taxes or anything else that could impact the transfer? How should we structure the transfer...
Aaron Reibe
Rental software that allows in person bank deposits
Hello fellow members,I am looking for rental software that allows online payment AND in-person bank deposits. Is this even available?I have 12 doors and have tenants that want to pay in person. Some are older, some ...
Jonathan Pizarro
Structuring LLC/Banking with partners
Hello,
My brothers and I would like to start investing in Real Estate and would like some input on how to go about LLC/banking with them. I do have my own LLC and was wondering if it would be better to create a new ...
Jennifer Griffin
Managing Friends/Family's rental properties Pro's vs Con's?
Hey BP,We have several friends that own a lot of rental properties, and several of them mentioned using us as their property manager. Is this a good idea or will it make our BBQ's awkward? We know we'd do a great job ...
Chandler Harker
Banks that offer LOC on a rental
I’m an investor from Indianapolis with one investment property so far. Looking for a LOC for this property I own free and clear. I just want a LOC because I don’t have another property lined up to put the money so don...
Julio Salado
Got RE License but also have Full Time Job
Good day,
I know my situation is not unique. I got my RE license 10/2014 but have not used it. I'm currently a full time personal trainer but wanted to transition to RE sales. I see I can make more income as a agent....
Kyle McCorkel
Creating an LLC with my GC and want to do it right
I've been working with a GC on several different rehabs (BRRRR's and 1 flip), and he's done an awesome job. He's got a crew of highly skilled guys and also has a network of subcontractors and he just gets stuff done ...
Adam Tafel
Lease + Cashflow w/ Airbnb
Investment Info:
Large multi-family (5+ units) other investment in Saint Paul.
Cash invested: $10,000
I rent small 1-2 bedroom apartments in A neighborhoods throughout St. Paul. Acquired through network...