Albert Bui
Mortgage Acceleration, All in One (AIO), pay checking parking?
Lately it seems that a lot of paid education companies, youtube channels, and many other podcasters are talking about these topics of debt, mortgage acceleration using a line of credit, payoff your home in 5-7 years. ...
Ridvan Hoxha
Have $100k+ to Invest. REI or Buy a Business Now and REI later?
Wife and I are at crossroads. Our long term plan is REI in order to provide for the family and our kid's (currently 2 yo.) future education. We are both 40, bring home about $160k and have approx. $100k liquid to inve...
Account Closed
Are hotels always more profitable than apartment complexes?
Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...
Greg O'Brien
PPP Forgiven Funds are NOT Deductible
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
Bruce Gardner
1099 Contractor Question for Newbie
Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
Gerald Marshall
Operating under an LLC which is under an S-Corp
I have read where other REI's have operated under an LLC which is umbrellaed under an S-Corp for tax purposes. I am in the process of pulling my RE properties under a "business" entity to separate my personal busin...
Sean Thompson
Llc flow through question
Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...
Kyle Mitchell
Tips on finding retail space
Hey BP,I have a very random question. I am in the process of opening a boutique fitness studio in the Anaheim Hills/Yorba Linda area and am having trouble finding available retail space. Other than LoopNet and drivi...
Oliver Sparks
Uses for vacant small town buildings?
Most of my life is spent living in and cruising around the midwest. Particularly in the Kansas City and Des Moines metro areas. And when I'm traveling to the outskirts and more rural areas, it bugs me that I see so ma...
Gabriela Johnson
Buying homes for seller to buy back later
Would you guys buy a house from someone then let them buy it back a few years later? Is that a good investment for you? If so, how much would you have to make in what amount of time? These people are paying rent as we...