Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (1,526)
David B. Real Estate IRA vs. Solo 401k
18 June 2015 | 54 replies
If you think about it from a logical perspective, let's assume that Jay is a sole proprietor and his self-employment business activity involves It Consulting.
Nathan Arnold Business Name, LLC, Personal Name?
4 November 2017 | 15 replies
Have any of you made a business name as a sole proprietor without an LLC?
Daniel Dietz What Qualifies as "Self Employment Income" for setting up SOLO401
31 October 2016 | 11 replies
Technically one can have multiple solo 401k plans but it does not make since because of the following:When a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).
Paul B. Start a business just so I can have a Solo 401(k)?
18 March 2020 | 57 replies
What that really means will differ based on the type of entity (sole proprietor vs corp) and nature of the business.  
Susan O. Going from Sole-Proprietor/Landlord to S-corp for self managing
13 June 2017 | 9 replies
I'm currently reorganizing and restructuring my rentals from being a sole-proprietor landlord to having an S-corp for managing properties.I just set up S-corp for managin the properties January 2017.
Tricia O'Brien Does Property Manager Needs W-9 for tax reporting?
1 September 2018 | 18 replies
You tagged some other Michael  :)You can only have one EIN as a sole proprietor.
Ramon Moreno Solo 401k success stories
2 December 2017 | 17 replies
If you are a sole proprietor, your real estate business could do a profit share of up to 20% of your net business income - which is gross income, less expenses,. less 50% of self-employment taxes. 
Ryan Jopson Help with creative-financing for investment property
18 October 2017 | 5 replies
As a sole proprietor, he could have all the liability and none of the rewards.
Kevin Van Ness Pass Through Income
31 December 2017 | 28 replies
You get the new 20% deduction even if you own your business as an individual (sole proprietor).
Stephanie Windemuth transferring title...what about title insurance?
12 February 2018 | 6 replies
Great question for your attorney @Stephanie Windemuth, but if the LLC is a sole-proprietor, you shouldn't have any issues, but great question for your attorney.