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Hello,
I'm Starting A Real Estate Business With A Friend, And It Will Be Member Managed. The Entire Business Will Be Rental Incomes. I Know That This Type Of Income Is Not Subject To Fica. Can We Avoid Fic...
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I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
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Hello! We are about to close on a flip, and it's the first one that we set up as an LLC with S-corp tax. It is my husband, myself, and a partner as members of the LLC. How much can we "pay ourselves" from the profit...
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hello BP!i realize this topic has been discussed before but i have a little twist on this question.according to PA law one does not need a re license to manage own properties. what if i create an LLC that will manage ...
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Hello, BP Community. This is my first post so thank you in advance. I would appreciate advisement on recommended Trustees for a self-directed IRA. Currently, I have a self-directed IRA with Vanguard and they infor...
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At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
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Hi all,I have a decent amount of money saved in my retirement. I am looking to finance my first owner occupied house. I will get settled in it and immediately pursue other opportunities while I house-hack. My question...
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Good evening, I currently work as a travel nurse and having a hard time finding conventional lending. I’ve been a nurse for 13 yrs but started traveling this past June. I spoke with two lenders who stated they would n...
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Hi all,I am planning to invest into Real Estate from SDIRA LLC or Solo 401k LLC. I as of now have a SDIRA. This year and next year I am getting self-employment income on 1099. I like to contribute as much as I can tax...
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I know a lot of landlords rely upon these documents to vet potential tenants, but simply doing a google search on Fake pay stubs, fake w-2s, etc... will quickly illustrate how risky it is to rely on these documents. ...