Hi everyone,I'm a first time investor looking to purchase a rental property in Upstate New York. I have a specific financial situation and am looking for creative ways to obtain a loan. Any advice or insight is very m...

Hello everyone,So I lost my job of 19 years so I think now is the time to get things going in a RE business. I want to start out with flipping homes. Not really interested in buy and holds......yet. So I want to roll ...

How to Gage Economic Conditions

These are ways to determine economic conditions:

- Local Sales Tax Reports - paying close attention to the major factors affecting the major employers

- Auto sales - dig down to le...

My wife and I have been looking into investing lately and are excited to get started, but we are really looking to make a move to another State across the country. We're looking for advice on purchasing an investment ...

Hey Guys! The BP Podcast with Amanda Han on taxes last month really got the gears turning in my head. For anyone who hasn't listed to it yet... it's a great one! Episode 162 Now onto my question.. I have a traditional...

Hi all,I am leaving my current company in October and would like to find out what the best way to use my 401k for down payments is.  I like the flexibility of being able to take out 401k loans, are there any products ...

Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC.   Could I put $50K in ...

I have done some searching on solo 401k eligibility, I have a couple main questions. For context, i own several small multifamily units that i self manage without employees and am interested in tapping into the tax in...

When verifying potential tenants employment, is it acceptable to ask the employer whether or not the potential tenants pay check is at risk due to the outbreak? 

I’m looking at flipping my first deal. What do you do with the profit to lower the tax penalty? It will be taxed as regular income tax. Do you just account for that coming out if your profit margin?