Hows it going BP,
Quick and hopefully easy to answer question here that is tying me up while I try to get my first commercial property. I am confused due to conflicting information on the order of operations of apply...

Hi, I have a general tax/llc related question.Does a holding/parent company (LLC) need an EIN and have to file taxes if the subsidiary/operating company will file for it's own taxes?I am inheriting/buying a family bus...

I have ben told to apply for and obtain Florida state business license/permit and a county business license/permit to operate STR in Polk county, FL. Can anyone already in this area help with advising if I need anythi...

I have several questions about setting up my LLC:1. Do I need an attorney’s help?  I have friends who set up it on their own, ones who used Legal Zoom and others who enlisted an attorney.2. My rental property is in an...

Hi everyone! I am calling on all investors to share your insights on how you would analyze this deal and what your max offer would be or if you'd pass. I'm considering a commercial property (16 - 1Bed1Ba units) with a...

Hi all,I am currently in negotiations for a 3-unit property in Chicago that I plan to live in one of units and use at least one of the units as an Airbnb to start with, while renting out the last remaining unit.I am t...

Hello all,
I'm seeking advice on achieving a higher ROI in real estate investments beyond the 1% rule and maintaining around 35% of monthly operational expenses (including Cap-ex, maintenance, property tax, and vacan...

We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...

Hello,I am considering doing an AirBNB on my primary home and wanted to see if anyone has successfully registered and completed the city of Chicago process for Airbnb.  I ussually do long-term rentals and thinking of ...