Steve Karpinski
Partner for One Flip
Is it possible to set up a partnership for one flip? We partner up, buy the flip 50/50 then once it sells the partnership ends? I do have my own LLC so I wasn't sure if it was possible to do a 50/50 deal without addin...
Sean O'Dowd
Logistics of using both Umbrella insurance AND multiple LLC's
Hypothetical question that I may use to write an essay on for my current real estate class; was hoping to have an opinion on it!Say you own 3 properties and manage them yourself. For some variety, one SFR, one duplex,...
Robert Andres
Using IRA to defer taxable passive income.
I own one apartment which is netting about 7k per year income. I also am not able to itemize right now since I don't own my own primary residence. I do not have a lot of deductions in other areas. I'd like to postpone...
Jake Huber
LLP or Separate LLC
Hi All,I have a partner/investor in CA. I flip single family homes in OH. Hoping to do at least 4-6 per year (I have full time job but we've done one already!)I do all the leg work (market research, loans, realtors, m...
Dentric Vance
Do I need an operating agreement?!
Just need a little feedback, I’m just starting out and needing to know is an operating agreement necessary or something I could wait to do later? Also, where do I go to get on completed?!
Kody Christensen
LLC, C Corp, S Corp what is the best way to go?
My partners and I have a lot of questions when it comes to the different corporations. We have a few LLC’s can one LLC own all our other properties LLC’s? Is there a better route to go? We have a lot of questions and ...
Eric Hempler
What paperwork might I need
If I'm raising capital from individuals, is there any paperwork I should be putting together? such as something like a commitment letter that states how much the person is willing to invest in the deal. or any other p...
Shanel Henry
Building RE Investing Team, CPA and Asset Attorney in GA
Hello All,
I have so many questions that I know both a CPA and an Attorney will provide to help me start my business. I have been googling and found some good ratings for both parties but wanted to know if anyone in ...
Donald Zuehlke
CSRA (GA/SC) Partnership
Hello BP,
My partner and I have been lurking on BP for quite some time. We individually own a few units in the CSRA and have decided to test the waters of a partnership. Our plan is to form an LLC and buy 1-2 SFH re...
Brandon Malone
Syndication Structure - How do you have it set up.
Hi BiggerPockets family,I have been in real estate (lightly) for the past seven or so years with a few rental properties. However, in the past three years, I've been approached by multiple friends that want to either ...