Hello, I am seeking expert advice on any (dis)advantages between two scenarios.Context: I am a full-time employee who works from home, I do not report to an office.My employer (HQ in Portland, OR) employs hundreds of ...

Can anyone tell me what a RCT-101 form is for?

Hello BP'ers,Due to conflict of interest I will not rent to someone I work with, however I can personally vouch for his character.  Looking for a 2/1 or 3/1 in Royal Oak, Ferndale, Northern Warren, St. Claire Shores.I...

After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...

Let me start by saying I have hired a CPA, and have a future meeting set up. I also appreciate multiple voices on projects I am taking on. I am looking at establishing a new single-member LLC. I have 200k in private m...

Hello everyone! this is my first post/question. Moreover, I am a 22-year old investor out of New York looking to buy a multi-unit property in the Florida area. From this post, I hope I can gain some insight into the t...

Hi all.

I have 4 single-family rentals out of state (two different states). Currently, all 4 properties are in my name.

I know - I should form an LLC. I have been pondering this for what seems like forever.

Not b...

Just wanted to give you all an update, since I started toying with the idea of REI (month ago ish) and joined BP, about a week ago, I have learned alot, but on to the good stuff, no deals yet, (I don't even have enoug...

Introduction and background on questions:

Currently we are a 2 man operation that is a 50/50 partnership. We will not have any additional partners in the future and we are not interested in selling part ownership of...

I am just getting started and have already acquired a great cash flow rental property as well as 2 houses to flip. I like to do things right and I feel now is the time to setup my business structures to be the best in...