Hi! My name is sheila and im a nurse and my husband works for coke. Last year i made 247k (before taxes) and my husband made 80k. Our taxes for 2022 was 54k so we ended up owing 3200. In 2023, im estimating making 312...

What is your strategy for your business vehicle?

I have an LLC for my rentals and a S-Corp for my flips. My wife and I work full time across both. Currently we deduct the std mileage. Now are cars are gett...

As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...

Hello, my names kyle miller, I currently live in Roscommon MI. I moved here 3 years ago from grand rapids mi. I have purchased my first house in early 2014 off the MLS, since then I have purchased a house that me, my ...

I’m new to the BiggerPockets community and I’m born and raised in Minot, ND. I’m 25 years old. The military presence here is something that I’ve known for my entire life and I’m very interested in becoming an investor...

Hey everybody, I'm Will Westlund from Onalaska, WI. I'm an IT Specialist, an Army veteran, and I am ready to take massive action to enter the world of Real Estate Investing!! I'm interested in Buy and Hold strategies,...

I have been interested in pursuing real estate, and I understand that I cannot make any purchases or really do anything until I turn 18. However I would really like to know what I can do starting right now (at 16) so ...

My parents are both over 65 years old and have saved nearly 120K in cash. While my dad loves the idea of investing his money in something like a bond or IRA, given his age, I'm not sure that's the best option. They ar...

Looking for opinions.  My family an I are looking to move out of our Duplex after 5yrs and buy what we hope to be our forever home.I had assumed if I can find a property manager when I move out, I'd keep the duplex.  ...

Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...