I'm a self employed (started an online business) living in El Paso, Texas recently moved from the U.K.

Most investors would benefit by creating a contract template, custom tailored to their particular method of business with the assistance of a real estate attorney.

This method allows you to reach out to the BP colleague and ask who they interviewed with, who they decided to go with and if they like working with their CPA.

HiI need more clarification on the BRRRR method when you use hard money initially to buy the property then refinance.

Once I switched to a commercial lender it was much easier to keep rolling using the BRRRR method.

You can mitigate your self employment taxes.

@Adam FrancoFlips are recorded at your regular income tax rate, subject to self-employment tax.You figure out your final cost basis (purchase, rehab, insurance, property taxes, financing, permit fees, commissions, utilities, etc.) and the difference between the sales price and the final cost basis is the profit made that will be taxed as ordinary income.You should speak with a CPA to help organize things and try to minimize the tax impact.

., on a per-mile basis.However, this "standard mileage rate" does not (theoretically, of course) include the "separate items" of parking fees, tolls, interest, and taxes, and so these may be deducted in addition to taking the standard mileage rate.Also, I assume your car is relatively old or inexpensive such that the standard mileage method makes sense as opposed to the actual expense method?

Hi everyone, Had a question regarding the appraisal value when doing the BRRRR method. 

I am wondering if I should continue doing this method or should I try something that is more effective?