Christopher Williams
Tax classification
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Neil Martinez
Distribute or Rollover?
I'm just starting to invest in real estate and am wondering if I should just take the 23K to roll into a self-directed IRA or the +18K and use to fund my LLC for real estate after tax withholding? I'm finding that pu...
Sean H.
Help me understand S-Corps better
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Sakib J.
Rising property tax in Houston, Texas
Hello BP I am struggling with rising property taxes in Houston, TX. With constant increase in home insurance and ppty tax... tough to be cashflow positive. How are you guys dealing with it?I hear there are companies w...
Scott MacCabee
New to Tax lien investing have questions about Crook County IL.
I have questions about tax lien investing in IL and in general maybe someone can help:
1) When you win a tax cert, when is the interest paid out to you? Does the interest incur per month, 6 months, daily? If someone...
Julio Gonzalez
Don't Overlook These 5 Tax Incentives!
Real estate investing can be very complex and while there are many things for investors to keep track of and pay attention to, make sure you aren’t overlooking these 5 tax incentives! You could be missing out on tax c...
Mark Ackley
New LLC looking to break into the Fix and Flip Market
Hello,My wife and I are starting our own Real Estate Investing company here in Centennial, CO (we have already created our LLC). We want to be able to better support our four kids and be able to spend more time with t...
Marlow Martinez
Off Shore Banking Anyone????
Just wanted to see if anyone has had any success with off shore banking. I've heard some nightmare stories about money being there one day and not the next day. Is they money truly safe??? Are there safegaurds and reg...
Ryan Guffey
How do you separate income and save for expenses?
How do you separate income and save for expenses? If everything lines up and its a good property what do you do to set money aside, hypothetically if your income was 1000 and you set aside 100 each for 10% for Mainten...
Eric James
What are economies of scale benefits?
What are the 'economy of scale' benefits of properties with multiple units? If one self manages I can see time savings due to not having to travel to multiple locations. But on the other hand, as there are fewer multi...