Hello everyone. When flipping houses is it best to do it under a business, or just an individual? I have heard there are tax breaks and such when using a business name. We have already opened an LLC, so I am just curi...

Could someone clarify when I need to issue a 1099?1.  I hire a contractor to install A/C in my rental.2.  I hire someone to rake the leaves in the yard.3.  I hire a landscaper to mow the lawn every week.Is an invoice ...

I own four multi-units with three different LLC's. I will be buying more property as I am able along the way. My question is: Should I form a Property Management LLC, RE Holding Co, or a Series LLC? Currently my three...

Hi! I just got my real estate license. I'm considering forming a PA or PLLC. I wanted to know what are the pros and cons of forming a business entity?Thank youTiffanie Vendryes

Has anyone had to actually use their escape clause while wholesaling? I am curious to hear stories if anybody is humble enough to share. Obviously this is a last resort and can tarnish the reputation of the individual...

Another excellent bookkeeping question from a real estate investor who has just begun their journey!
Bookkeeping is specific to the individual business and business owner’s needs. Ultimately, as long as you are foll...

Ok, so I got my tax prep bill and I think its way high. For discolsure, my accountant had to file 5 forms:1040 US tax ind return1040-ES Estimated TaxKentucky Ind taxKentucky Est taxKentucky Single member LLC tax retur...

It’s been a little while since I have consistently used direct mail marketing in my business. So, I wanted to put a couple of questions out there. First, what type or response rate are you seeing? Second, what criteri...

For those who do buy and holds, fix and flips and wholesale...Any advice on best way to set up your systems? Example would be emails (not using a personal email) bank accounts, LLC's, accounting software etc..Do you l...

Hello community,
My name is Dacotah, I'm really new to real estate and have been leaning on bigger pockets for a lot of my education. I've been using BiggerPockets to get started, reading articles and watching video ...