Mason Hofer
Ideas to Expand OOO House Flipping LLC
I am part of a group who has begun flipping houses under an LLC. We started with a condo in Fraser, CO, and have since started our first flip in KC. We are all based in Denver, CO and are flipping remotely. The reason...
John Humphries
$30,000 in a Roth IRA wanting to invest in RE. What would you do?
Hi BP SDIRA experts. I'm looking for some advice and opinions. Here's the scenario:$30,000 in a Roth IRA - I'm tired of investing in the stock market and excited about real estate investing. I'd love to use this mone...
Austin Negron
Why You Should House-Hack In Boston
The average salary for a software engineer in Boston is $117,000. Let's say $86,000 after taxes. And let's say you're currently paying $2,000/mo in rent - $24,000 down the drain/year. SWE's are positioned very well to...
Jacob Blizzard
Deals with partners / passive investors
Say I struck a deal with another private individual in which they contributed down payment money to purchase a Long term rental, what kind of deals do you do with the person investing the money on the down payment if ...
Patrick K.
Regarding a "loan partner" vs "equity partner"
Hi all, have been binging on BP podcast these days, I keep hearing Mr. Greene mentioning whenever he gets into a project with a partner, he prefers a "loan partner" rather than an equity partner. I am wondering how do...
Brandon Krasner
STR Partnership LLC Tax
I just started operations in 2024 doing STR arbitrage. Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.-My business partner lives in MA and has a holding company LLC ...
Ryan O.
SCorp Unequal Capital Contributions
I have an LLC with a partner that is currently being taxed as a partnership. We are considering electing sub-chapter S status for 2013 to help save SE tax, we are in the business of flipping.
Currently we have an ...
Graeme Black
Directing passive income into a Solo 401k?
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
Chris Walter
Statistical argument for 401k vs REI
Hey BP! First time post - super excited to be a part of the community here!I've given a first effort of searching for forums, but partly may be using poor keywords for my search and/or I may have been overwhelmed by t...
Lilly Fang
finance contributor partner JV flip, should I be on the title? or just 1st position?
I will be a finance contributor partner in a JV flip. I will contribute money for buying and renovation, and the partner found the deal and will do management of the project, split is 50/50. My question is: is it safe...