I’m considering hiring a comission only employee and wanted feedback from anyone else who has done this? What type of pay structure did you set up? How difficult was it to find someone? Any other details would be g...
Hi BiggerPockets Community,
I have a question that I'm trying to debrief in terms of optimal investing strategy, and hope I can get some advice from the peers.
I currently have a stock portfolio that I myself dire...
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...
I have been flipping houses for 3 years now. I have been doing this under a c-Corp. I have been taxed as a dealer. I started a new LLC to buy and sell house, plus rentals. I learned about dealers vs investors and ...
So I will be making a good amount of cash from the sell of my home. Since I have been at my home for Way over the 2 yr minimum I will not have to pay Capital gains. With this cash I plan on kicking off my investing c...
I have a good friend to whom I'd like to give some good advice.He was recently let go from a job (of 25 years) where he made $50,000 and had the exclusive use of a nice house. As severance he has a guaranteed salary p...
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
Do you give them equity, hourly wage, % of rehab, what?
Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area. I had a home built by a local builder a few years ago and have been interested in getting into bei...