Frederick Hawkins
Tax Question - Passive Real Estate Investment Income
Hey BP,Looking at starting an LLC to manage future investment properties. Anyone have experience operating an LLC and not having to pay self-employment taxes? Here's my understanding of the IRS code on this question...
Gary Cornwell
Taxes on house flips
If I were to flip a house, will the earnings be offset at all by the depreciation of other rental properties that I have? So for example, if I have 200K a year in depreciation on properties that are not being flipped...
Sean York
Development Partner Agreement Terms
I have a potential opportunity to partner with a new development company that has equity backing, construction lender, GC and Asset Manager on board and are building their first projects in one city currently. My rol...
Mike Hanneman
Umbrella and rental property insurance
Anyone in North Idaho, Spokane Washington area with a recommendation for an Umbrella and duplex rental insurance? I have gotten quote with Northwest out of Coeur d'Alene and it was in the thousands per year, not sure ...
Rahul Gupta
Solo 401k plan limits
How much can I contribute to a Solo 401k plan in the following scenario? 80k is in W2 income and 100k is in real estate business income. I already have contributed 10k in 401k at my W2 workplace.
Andrew Caldieraro
The STR loophole
If you follow the guidelines (materially participate, etc.) how long do you need to hold a property as a STR to take advantage of the loophole to offset W2 taxes? For example, what if I only want to hold the property...
Cooper Marcus
Real Estate Professional - timing of events during the year?
Last year I owned no rental property and spent little time on real estate. This year I will acquire at least one rental property and meet the qualifications for both Real Estate Professional and Material Participation...
Chris Daliani
Bayonne, New Jersey Meet-up/Networking Event
Hello, fellow Bayonne Investors. I am looking to get a small meet-up together to learn and expand from one another. If this is of interest to you please reply and I will work to get a space for this date. I look forwa...
Carla Jones
Inquiring minds want to know
When people like Jerry Norton and Cam Dunlap say you can use there money really what are they meaning??
Vic Iyer
XOME : Buying an occupied property. Warning on occupied addendum
Won the Occupied property auction and was shocked to see their new Occupied addendum (Which for some reason was not included for preview). Basically it states Buyer responsible for all the past HOA dues, Liens, taxes,...