Maher Bateh
Capital gains TAX
I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
Account Closed
A Glimpse of My Personal Finances and How to START
Although this is a new account, I have been coming on here for a few years. I have listed to every BP podcast, read some books etc.I have been interested in investing since 2015, when I listened to, yep, you guessed i...
Sebastian Roy
rental property reserves
Hello everyone, I am curious as to what is the best way to separate/save cash reserves per category for your rental property?
In the biggerpockets podcast episode 193, @Brandon Turner said that for most of his ...
Christen G.
So many LLCs - some advice needed
Morning everyone. I am looking for some strategies, ideas and advice on how to structure our partnership with regard to LLCs. My situation is thus: I own 3 small MFH with a partner. Our Operating Agreement is still be...
Ricky R.
Fund a SOLO401K / SDIRA with full time job contributions?
Hi BP, So I can't find much info on this but is there anyway to use my employee contributions from my normal full time w2 job to fund a SOLO 401k or SD IRA under my REI LLC umbrella? If not by funding directly, can I...
Eric S.
Questions about investing in Toronto Canada
Hi,I'm currently investing with a friend who has the property under their name. We are looking to avoid as much tax as possible as we are planning to flip. From what I gather is that incorporating allows us to pay les...
Javier Pinedo
How to protect your gained cash asset?
I'm starting out wholesaling houses, but one of my concerns is how to protect your earned money. Definitely I understand that everyone needs to pay taxes, but which would be a way to protect the money as much as you c...
Tyson Hosey
Withholding Taxes When Using Rental Income
I know this topic has been covered in the forums a few times over, but I can't find the posts on it and I'm really concerned about this, so I'm going to start a new thread.I've done all the calculations for setting as...
James H.
S Corp question for a Virginia CPA
Yo, BPers,I started an S Corp here in Virginia about six months ago. I am the sole employee but am having trouble figuring out my tax obligations. I am actually a Tennessee resident, spend most of my time overseas, ...
James Johnson
Best lenders for a 1st Lien HELOC for a $550k home purchase
I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...