Account Closed
"real estate" class?
27 January 2019 | 6 replies
For me, and from what I've heard on the podcasts and from investors, real estate INVESTING seems to be the best, most fulfilling option towards independence, freedom, self-preservation, and self-actualization.
David Hald
Contractors 3 weeks overdue on rehab - what to do?
25 January 2019 | 2 replies
I put in a condition in our Independent Contractor's Agreement for a 1% per-day-overage-fee past the estimated finish date, but I am hesitant to bring that up, since these guys still have to finish the job, and I may want to hire them again in the future.
Will Bowman
Baltimore City Live in Flip Complete
1 February 2019 | 9 replies
The basement is a fully independent unit with a full kitchen, private front and back entrances, and a washer/dryer and is being used as an Airbnb bringing in $80 a night and roughly $1000 a month.
Joe T.
Double taxed by paying yourself through LLC?
28 January 2019 | 8 replies
DREs cannot pay their owners wages/salary as they are not considered employees.Only S Corps and C Corps can pay their owners a wage or salary.C Corps are the only one of these entities which have "double taxation" in the traditional sense of the word, which means both entity level tax and tax on extraction of capital (via dividends).Disregarded entities do not.Multimember LLCs (MMLLCs) taxed as partnerships also cannot pay their owners a wage/salary as owners cannot be employees for federal income tax purposes.The article also suggests you can choose between employee and independent contractor classification.
Mark Trebor
Operating as a LLP, do I need to give 1099 to contractors?
28 January 2019 | 3 replies
You have to issue 1099s to non-employee independent contractors that rendered services to your entity and were paid $600 or more during the year.
Teddie Pequet
New BP member - Kent, WA
31 January 2019 | 14 replies
My end goal (for now is a pretty general statement) would be to earn financial independence through Real Estate, however in the mean time I would love an opportunity to network and learn from those of you who are more seasoned than I am.
Justin Cooke
Obtaining first loan/financing
1 February 2019 | 8 replies
You will win your independence and be doing solo deals in no time.
Sam Denny
Home Insurance recommendation in Seattle, Washington state
28 January 2019 | 1 reply
We are an independent insurance agent and have a number of commercial insurance companies that can take a look at your property.
Tiago Faria
How to find buyers for a rural tourism hotel?
28 February 2019 | 3 replies
Of course, they seem incredibly attractive, charming, lovely, nice ROI, but the simple reality is that they are usually sold as lifestyle businesses to independent buyers, or as portfolio properties to existing rural / boutique hotel groups.
Mark Rogers
Shift in NLRB position on independent contractor/employee issue.
29 January 2019 | 1 reply
On Friday, the National Labor Relations Board (NLRB) overruled one of its own decisions from 2014 to make it easier for a company to establish that a worker should be treated as an independent contractor instead of as an employee.