Paul Farley
First business - sales tax/income tax questions
I created an LLC a couple of years ago and put the business to the side for a while. I am about to begin the process with it and had some tax questions.This business will most likely always be a side gig for me, so I ...
Steve Young
Qualified Business Income Tax Deduction for Residential Rentals
Hello, I have several out-of-state residential rental properties that are managed by local property management companies. The property mgt companies make decisions on minor maintenance and repairs, but I make decisio...
Luiny Tavares
1099 earnings VS. W2 earnings
Hello, Bigger Pockets Family,I am a new investor, and I'm trying to get pre-qualified for a mortgage, preferably FHA cause those have the lowest down payments, and also tend to have a lower interest rate, and cash on ...
J.V. Paul
Newbie Investor (kinda), grade my deals!
Hello All,I am new to BP. Thank you for providing such an awesome community and forum for those of us just getting our start. I have a somewhat unique story to share. I started RE in mid 2014. In the course of 1 year ...
Jameson Sullivan
I am a Retail Broker - Here's some basics you should know before investing in retail.
Triple Net investments have gained a lot of popularity in the last 18 months and for good reason. There are lots of advantages that Triple Net investments have over other asset types, however, not every investment is ...
Jeremy Bailey
3 Family Cash Cow with tons of equity: Keep it or sell it?
We've owned a 3 family rental for 10 years. It nets about $15k per year. We owe $113k and it's currently worth $350k-$370k. My wife and I are struggling with deciding to keep it or sell it. I'm a Realtor so the cost o...
Walt Waters
Logic behind add back principal payments
Hello everyone, Can someone please help me answer this...This question pertains to line 56, "Add Back: Principle Payments" in the REIpropertyanalyzer.xls. I downloaded the REIpropertyanalyzer.xls from BP and it's been...
Dennis Tierney
Obamacare rent tax
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...
Hart Pearson
Would This New 0 Money Down Strategy Work?
Here's the hypothetical... Could an investor whose licensed as an agent use increased commission to offset their downpayment?? Say for example...
Purchase of $100k using conventional mortgage, Seller pays closing cos...
Alan Williams
1031 Exchange For SoloK Property
Modeling a potential [transaction] scenario and would appreciate feedback/insights on legal and/or tax implications as well as whether each of the options for the overall transaction makes sense ...Property 1 is value...