Mark Stewart
LLC vs Personal Accounts
I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...
Cory Benhardt
How many months after turnover are you profitable?
Hey BP, I'm working on doing a full unit rehab (after the inherited tenant moved out). When we're done the rehab & get it rerented we'll conservatively cash flow 600 a month after cap-ex, repairs, etc. Do you use ...
Pichael Miper Holmes
Recouping Startup Cost on W2
From all that I have read, and using that to base our organizational structure from the very start, I would love to know the possibilities of recouping the start up costs from setting up what my wife and I hope to gro...
Anthony Dupre
what are your top 2 books to learn the basis on Real estate asset protection
Hi everyone, I finally decided to jump into this real estate adventure.Would anyone have some advice and book recommendation on Real Estate Asset Protection? to understand the basis of land trust, LLC, LP, how they al...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Dominick Galinis
I’m missing something, right?
Hey BP fam,So, I’m in the home stretch to having the savings I want to get my first property. I’m going to be using a FHA loan for either a triplex or 4 plex. I use Credit Karma to look at my credit score and they off...
Shane H.
Bookkeeper holding Financial info hostage??? Advice please
-->> My own disclaimer - I understand any replies/comments etc are not legal, tax or financial advice and I should seek out my own professionals and hold anyone responding harmless****************So cliff's note...
Alexander Parada
Should I pay off my home or buy more rentals?
Hello Everyone at Bigger Pockets!
I currently own 5 properties in Houston TX all residential rentals. I have a mortgage on only one of them. The home with a mortgage I am currently selling after sale I will have roug...
Ryan Johnson
Rentals why no cats?
My wife and I are cross-shopping rentals and buying. Leaning more towards renting though. My question is this... We are very meticulous people. We have the nicest looking home on our street, greenest grass, tidiest ...
Rusty Glines
Private Money
My wife and I have been evaluating and dissecting properties over the last few months. We feel we have a few potential prospects. Our only problem is coming up with the down payment. We have invested our resources ...