NA Mass
S Corp Election or Not: House Flipping in MASSACHUSETTS
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Vladimir K.
W2 job and flipping homes and taxes
This is a hypotethical question for me that I did not see answered. As I understand it, buying a property with intent to flip it quickly, for a profit, makes one a 'dealer' in the eyes of the IRS. Dealer is someone ...
Schneur Sanowicz
Was offered 110k up to 150k to property manage at 21 years old
Hi guys I was offered a job today to property manage all around Florida for a minimum of 120k up to 150k. The job entails to go to Jacksonville Tampa Miami etc, lots of driving. It's a high paying job, I don't have an...
Jason Mak
How do you compensate your onsite managers?
Greetings BP,Curious how others compensate their onsite managers. Free rent? Rent Credit? Salary? Hourly pay? One of my buildings is only 24 units so it is not quite a full time job yet there are still weekly tasks...
Kevin Van Dyke
Hopefully starting my rental business in 2018
I want to buy my first rental this coming year and then keep on buying and ASAP my goal is to quit my full time job. I drive a semi full time and I’m a part time firefighter/EMT (I will always keep doing that though)...
Brittany Johnson
is working for a wholesale company a good idea?
I was recently approached by a wholesaling company about working for them as an Acquisition Manager. I have similar sales experience and the are trying to recruit me.. after doing some research it seems like I could d...
Aaron Ray
New to Washington D.C. and Bigger Pockets
Hello! Anyone from the D.C. Area? I just graduated college from Penn State and I'm currently splitting a house rent 4-ways with some friends in the D.C. area. My original plan to get started into real estate investing...
Kate Gagnon
Commission Based Job and Financing - Experienced Advice Needed!
I need some advice because I'm running into the same problem with working a commission-based job. When I apply for a mortgage, I cannot claim my commission as income until I have two years of commission as "proof" of ...
Matt Cruz
Career Advice after Tech Layoffs
Hi,I'm looking for some career advice after I was recently affected by the tech layoffs and lost a 6 figure salary. I have a degree in Information Systems from a great university and don't doubt I could find another j...
Evelyn Castillo
FHA Obstacles; your thoughts/experience
Hi BP! I recently landed a full-time job (my first REAL job). I know that I want to use it to fund investment properties in the future and I know that I want to use the FHA option because it’s quicker.
I have never ...