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I cannot find an accountant that understands the concept of a self directed IRA LLC. Can someone recommend a firm? Business i located in the Wilmington NC area but a northern NJ accountant would work as well. I have n...
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It's hard to believe this is possible. How can someone continually file for bankruptcy so quickly? https://nypost.com/2021/05/01/...
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I am doing my taxes and had a few questions about QBI. I own 16 units (4 Buildings) and manage them myself. I have maintenance done monthly and repairs come up all the time. I am coordinating the repairs, sometimes do...
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Hi all - I'm a newbie to both investing and BP and have found a ton of great info here so far! I am working on the "Objectives" section of my business plan and would like some thoughts. Here is what I have: "...main...
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Hi friendsI'm currently working on a business plan... I'm wanting to approach note investing from the side of keeping the homeowners out of forclosure by getting them into a payment they can aford. If someone did no...
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Howdy folks.As I am trying to make sure I am as organized as possible before I close on my first rental properties I am trying to figure this piece out.I also do a few flips... so I do need QuickBooks for that piece.....
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Hi everybody!I'm currently under contract for my first property, a townhome in Sacramento, which I plan to house hack. I plan to go with the medium-term rental strategy and start out by renting two of my available roo...
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I'm really eager to learn this strategy for my business. I understand the concept of an Option To Purchase and I understand how flip (wholesale) an option on a residential property, I just wanted to know if the proces...
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A fundamental change in the way mortgages are regulated took affect earlier this year. Provisions of the Dodd Frank Law created the ATR (Ability To Repay) rule and QM (Qualified Mortgage) safe harbor. If the lo...