Hello BP Forums.
I am a new investor and WILL get started investing in US real estate from Canada in February. I have almost everything lined up, a couple agents, a property management company, lender (just one so fa...
Can I "pay myself" to manage my rentals 20.5 k on a sched C and write off the fee. I would pay the same income tax and add fica on the sched C. Goal is to fund a roth solo 401.
Can the owner of a home, a rental home, hire out his friends and FAMILY to be his property manager?
What is the best way to reduce your personal taxable income? I am self employed and receive K1’s from a flipping business and rental properties as well as a W2 and K1 from my transportation business.
Any advice would...
How does everyone handle Worker comp when you are a managing partner on a flip ? .. My investing partner has informed me, that i am not allowed to hire any laborers on our flip house .. even for yard clean up .. the p...
Hi All, This is in follow up to my earlier question, where I inquired about setting up an LLC. I was discussing about REI goals and plan to setup an LLC with couple of like minded colleagues. They highly recommend me ...
Hello everyone. I live in Austin, TX. I am planning to buy a single family home to live in somewhere in the next 6 to 12 months. I am a 1099 employee with a good wage and would-be a first time buyer. Unfortunately, t...
Want to hire a minor to clean up yard on a investment property Some basic yard work for cash. Can I write this off as a deduction? Also how would I set this up to legally have him working at the property?
Does anyone have a template they require contractors to sign before starting a rehab project on a BRRRR or flip? I only consider licensed contractors but have found that most reasonably-priced contractors are not bon...
I'm in Oklahoma. My mother-in-law fully owns around 30 properties which I and my wife have been leasing and managing for a couple of years after my FIL's death. I was recently told that the laws say that ONLY the ow...