Matt Cecil
Health Insurance for Self Employed
Hi All,We are considering the move away from W2 and were looking for some advice on this transition. Curious what others decided on for their health coverage and any hurdles (pre & post) they may of went through t...
Scott MacDonald
Got $40k thread
Hello BP'ers,
Long time BP stalker, first time poster. A while back I read a forum thread named something like, "I have $40,000 and don't know where to start" that caught my interest because I am in a similar...
Wes Blackwell
Average Cash Flow Per Door In Phoenix Metro Area
Hey Everyone! I'm writing this post for a few investor clients of mine, and wanted to see what the average cash-flow per door other investors in the Phoenix metro area (Scottsdale, Tempe, Gilbert, Glendale, Chandler, ...
Isaiah Matsumura
Fake Credit Report?! Tenant Screening in Houston, TX
I have a SFR for rent and realized that an applicant's Credit Report was completely fraudulent! The applicant's realtor sent over a TransUnion credit report that looked fine to the eye... but when I hit ctrl+A, I saw...
Ron Fiscus
Building maintenance costs
I would like to discuss how other owners are dealing with maintenance. I currently have 50 units in Anchorage, Alaska. I find that $65 per hour for maintenance work is fairly common. Rents don't support paying a m...
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Kyle Doney
401k Contributions From Personal or Biz Acct?
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...
Michael Raymer
401k rollover to a self directed 401k or self directed IRA
just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...
Kurt Defenbaugh
Realtor Tax shelter?
How can I create a tax structure that minimizes tax burden as a SEI? Is this even possible?
Sarah Nguyen
Oklahoma - Cosign A Lease For Freshly Graduated Students
I would like to ask for instructions on how to handle the Cosign Rental Application package.2 College students want to apply but they don't meet the financial/income requirement. They said the four parents can and wo...