Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Investing in real estate through a Self-Directed IRA (SDIRA) has limitations, but compelling benefits still attract investors.
Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives.
Ryan Fitzgerald
Hello BiggerPockets! New PRO here
25 January 2025 | 2 replies
Check out FilePlace, where user-created forms are available for free.
Monty Alston
Looking to unlock the equity in my house...
25 January 2025 | 2 replies
Looking forward to building a strong network and creating win-win partnerships!
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
Then try to figure out if its best to have their funds go to a CRT or if we as a nonprofit can create a 403(b) plan for the investors.
Jeremy Beland
What if I told you one deal could change your year?
23 January 2025 | 2 replies
It’s incredible what you can accomplish when you focus on creating value and solving problems in real estate.
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Quote from @Jason Malabute: If the insurance payout ($380K) exceeds your adjusted basis (original purchase price + improvements - depreciation), it creates a taxable gain.
Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
It feels like the focus has shifted from creating value to chasing quick payouts, with little regard for the end buyer.