Joe T.
Double taxed by paying yourself through LLC?
When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
Danielle Wolter
Solo 401K vs. Self Directed IRA
I have a 401K from my prior employer that has a decent sum of money in it. I have left it there for the past several years because the return have been decent. However, I think I'd like to have the option to invest in...
Burt L.
How Can A Self-Employed Wholesaler Best Present Tax Returns to Qualify For a Personal Residence Loan?
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...
Paul Khazansky
Time horizon for holding a rehabbed property
I've been thinking quite a bit about the issue of appropriate time horizon for holding a rehabbed multi-family property. The idea is to buy a property and rehab it, which make take anywhere from 6 to 12 months. Short...
Raj S.
Property management company asking for my social security number
I own properties in Nevada, and more recently I purchased my first property in Indiana. Is it normal for a property manager to ask for your social security number? Back when I purchased my first few properties in Ne...
Scott Goodson
Withdrawing retirement funds to invest
I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I pu...
DeGerrian Evans
QuickBooks desktop premier
Does anyone have a chart account set up they'd be willing to show.
Jesse Holshouser
Structuring your landlording business
I'm curious if anyone knows of any good books or can recommend any blog posts/articles specifically about setting up your business accounts. I know it can be quite complicated and any personal insight is welcome, but ...
Kyle Debiase
is there a way to look up how much a specific airbnb makes?
hey guys I'm in the process of trying to purchase my first str. I've been all over airbnb and vrbo and airdna analyzing propertys. but I was wondering if there is another site out there that allows you to look up deta...
Od Ntuk
Solo 401k for My Particular Situation as Prior Business Owner
Hey All,I have been reading through posts on solo 401ks on BP and articles on the internet but I'm not quite finding answers to all my questions. I plan to roll over my Vanguard individual IRA from when I ran my consu...