To all the BP Tax Experts,I am thinking of selling my properties and was doing research on capital gains rates. I ran across this article and was wondering about the income threshold. Is my capital gains rate based u...
Hello everyone. Hope you are all achieving your dreams and goals. I recently attended fortune Builders 3 day seminar over the wknd. I'm very interested in Wholesaling but need a bit of guidance. I would love to Shad...
Good Day all. I'm in late 30's and have been investing since 2008. I have built a portfolio of about 7 rentals over time. I live in Charlotte NC and my salary from the rat race exceeds the median household income for ...
Hello BP,I recently spoke to my mortgage broker as I am in the process of acquiring a residential property. I am working with an A lender at a conventional institution and he has no problem financing houses for me as ...
Besides listening to audio books, reading books and networking events. What’s the slow but gradual way to starting earning extra income Via real estate? Im a car sales person so my time is limited to one day off. I’m ...
I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...
Hi, first post here... I've done several residential rental purchases in the past, but it was always with my own cash downpayments (cash I had readily on hand...). I've become more interested in the Solo 401k's as a...
After comparing IRA LLC and Solo 401(k), I feel that Solo 401(k) is a better option to me. Since I dont' have a small business yet, my first thought to obtain a Solo 401(k) is as follows:
Open an LLC to have a part t...
I’m buying my first property using a VA loan. It’ll be a duplex. It will be my primary residence. My sister is going to live in the second unit and pay me rent. Is there a way to receive rental payments from her with...
To me, the term " Real Estate Investor" has always painted a picture in my mind of a person who owns property, manages it, puts their own money into it and holds on to it long-term. I'm sure there are different ideas ...