I'm part of a 2 person LLC taxed as a Partnership. From what I understand the LLC can deduct organizational costs. Can somebody walk me through the accounting if Member A spent $1000 and Member B spent $500 on organiz...
Hello Bigger Pockets World :)I need "big picture" organizational help implementing systems for my business.Here's my business back story:Started an LLC with my Wife and I (50%) and 1 other business partner(50%) in Dec...
Hi folks,I'm just curious if anyone had some tips they'd like to share on their favorite or most useful system or organizational methods they use. I'm currently reading the book on managing rental properties by Mr. Br...
FINALLY bought my first property (well, it's under contract, so no cigars just yet). I am looking for any recommendations on tools flippers might use to track work, expenses, their sanity, etc. I will be doing a lot o...
Steve Rozenberg in episode 343 talked about having an organizational chart for your real estate business. Does anyone know where I might find a template for something like this. Or have one that you are willing to s...
After reading the E-Myth, I realized we need an organizational chart for our rental business. We’re in multi family, buy and hold. We plan to continue to grow our property management. We buy fixer uppers, so project m...
Can the filing fee's for an LLC as well as my attorney fee's for this be used as a deduction against my rental income?
HelloI'm learning that organizational systems are key to managing property and that side of the business. Are there any particular systems or organizational practices that you recommend? I'm interested in specifics (n...
Im in the Muncie, Anderson, Pendleton area of IN. Another BP member reached out, and asked about good property managers. I cant think of any, and that's a shame. What would it take to create a company, that would b...
Dear all,What would be my first move in raising private capital from organizational perspective? Assuming I have private investors ready to give me their money for me to invest in RE as I do it for myself. Ideally I’d...