I'm seeking accredited investor verification by net worth, but a significant amount of my capital is tied up in personal or bridge loans that are set to mature over the next several months. Does anyone know if or how ...

I have the option of using an already approved HELOC to finance a rental property, is it a good idea ? If yes,  given that HELOC is considered like a "credit Card" and that you only pay interest on the amount used- ho...

I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.

This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...

Hello

I am trying to set up my LLC here in Massachusetts. I spoke with my tax preparer who stated he could set up my LLC for $200. I was going to buy Al Aiello's Mastermind where he would teach me how to set ...

hi there everyone, pretty new to the site and had a quick question. I have a single member llc set up and I read everywhere that if you want to move funds back and forth between your personal account and your business...

Hi all,
I'm a first-time homebuyer residing in Bergen County, NJ. I have been going to open houses and analyzing 2-unit + attic/or basement multi-family properties ($400-$470k) for the past 2 months. I'm looking for ...

Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer).  I have an LLC and was about to apply for an EIN on the IRS website bu...

Hi BP,

First time poster. I've been lurking on the site, reading the beginner's manual, and listening to some podcasts for a while. I'm interested in buy-and-hold MF and SF properties. In my 9-5 I'm a family ...

Hi BP-land!Just looking for thoughts on how you might handle this scenario.We are about to do a joint venture (JV) project with a contractor.   It's a cash only property from the MLS.  He can't put up the purchase pri...

Pretty simple question here.  Who is renting to section 8 tenants and who is not?  Why did you make that decision?I'm asking because I'm pondering opening up one of my units to section 8, but I think this is a good to...