Aaron Lobo
My mother wants to retire...
Hello everybody, this is my first post so if I am posting in the wrong section or I sound silly, feel free to let me know.So my situation goes as follows, my mother would like to retire. Currently my parents purchased...
Mario Lopez
General tax deductions for S Corp
I've setup an S Corp for my business and am wondering you can help me identify what tax deductions I should assume at the employer/corporate level? FICA, State Income Tax. Is there anything else that I should account ...
Loc R.
Clarification of Self-Directed IRAs/401(k)s
There's a lot of vague information out there...I'd like to post this in an attempt to generate some answers that everyone can ultimately reference.
(Assuming you're under 50 years of age)
Roth IRA
Income (AGI) limit...
Matthew Van Koevering
Converting a Duplex into a single-family + ADU in Denver
Hello!I am not a real estate professional but I recently learned that I can still use tax deductions generated from an STR to offset my taxable W2 income by showing material participation in the STR. The issue is that...
Joshua Michael Hauman
Getting in the Game a Guide for Hackers
Introduction to House Hacking
House hacking is a powerful strategy that allows you to turn your home into an income-generating asset. By strategically utilizing different forms of house hacking, you can significantly...
Christopher Vaughn
Using Proximity Marketing to Generate Leads
I'm sure some of you may have heard of this but I know there are many who haven't looked into this yet.Proximity marketing has been used by large retail stores for a couple years now. Walmart, Kroger, Rite Aid to just...
Barry Allen
Does flipping make you millions?
Does flipping houses make you a millionaire? I've seen so many people say they've flipping hundreds of houses but how much does it make
Miss Liz
Greetings from San Diego. Buy now or wait until the recession?
Hello,I am a new member and fairly new to BP. I live in San Diego, California and am wondering the following:Should I try to get a duplex now (live in one unit and rent the other) using an FHA with 3.5% down , or shou...
Sophia Maler
New investor with cash
I'm new to the world of investment. My goal is to break free from the "cubical nation" by learning real estate investment game. I looked at lien certificates and deed investments. I need some help understanding how to...
Mark Terry
Limited Returns Business Startup - ROBS v Solo 401k
Hello BP community. I have spent the last couple of weeks researching my start up, meeting with Attorneys and CPAs trying to find the strategy the best suits me. I have lurked in the forum and done loads of research...