Khouri Rice
Question about bank owned property that is currently rented
6 December 2013 | 1 reply
The income then goes to "Other Income" such as fees, rents, royalties, or affiliate operations.
Jason Ligon
Bigger Pockets Theme Song on Flipping Vegas TV Show
3 January 2014 | 7 replies
Its a royalty free song you can buy, there are a ton of them out there.
Michael Powell
New Member from Houston, TX
8 October 2014 | 19 replies
I've paid royalties before and it eats a good portion of the profitability of the business. 100 employees is definitely a lot of payroll expense, workers comp, and overhead!
Rafael Robles
Mexico voted as the best place in the world to retire
19 April 2009 | 6 replies
At the same time, Americans are treated like royalty in Mexico and the gaps listed above are getting smaller all the time.So, why wouldn't more retirees consider Mexico instead of Arizona?
Jason A.
Found potential private lender...but.....
16 November 2014 | 7 replies
On the off-chance I could be dealing with Saudi royalty or Arab oil tycoons.......I think I will proceed very cautiously with the stipulations that we meet via skype and any transactions will be handled by a 3rd party in the U.S.
Jeff A.
1099 - expenses over $500??
22 February 2017 | 3 replies
The IRS can penalize your business for failing to file 1099-MISC forms.The IRS requires that you send 1099-MISC forms to each person to whom you made broker payments in lieu of dividends, tax-exempt interest payments or royalties in a calendar year of $10 or more.
Matt Burr
Michigan Lake House Timing for Bookings
10 March 2017 | 13 replies
Treat that tenant like royalty and earn that 5-star review.
Raj I.
$5500-$6500 for setting up a Holding Co+LLC - Thoughts?
4 March 2017 | 26 replies
Taxes on interest are an animal of their own.My attorney drafted my Op Agreement for my LLC (cookie-cutter style) and my Articles for my S-corp (for mgt, wholesales, royalties, consulting) for less than $1000.
Jake Walroth
Getting my Unit ready for Airbnb
12 February 2020 | 12 replies
Treat those first few guests like royalty.
Kathy Henley
Using an SDIRA to invest in a third party's flip
8 February 2017 | 7 replies
There is a tax known as UBIT that may apply if you do this type of transaction with any regularity.An IRA (or other tax-exempt entity) is not taxed on passive gains such as interest, dividends, royalties or rent from real property.