Andy Tavarez
So do wholesalers get taxed?
Just out of curiousity because pretty much wholesalers only get checks. Is tax ever deducted or is it deducted from the closing.
Luis Herna
My Team and I are creating our first syndication. How difficult is to find investors
We will be structuring our deals as 506c meaning only accredited investors can partner with us. I mainly focus on properties with Add value potential in Tulsa Ok. The city is growing fast and many companies are comi...
Derrick E.
Taxes for a flip- General Question
I will be using a CPA moving forward, but I'm really stuck on something that should be simple to know. I know about short term capital gains taxes, but also know about the self employment tax. My question is this:When...
Steven Barros
BUYING REAL ESTATE W/ BIZ ON 30 YEARS TERMS? GOOD IDEA OR BAD?
Hello BP,I have an opportunity to buy an established beer and wine market w/ existing business. Offer is 400K for both. The business claims it nets 120K, the owners are not currently paying themselves rent. The buildi...
Reinaldo Lopez
Uber drivers seek extra cash working for house flippers
I saw this article today on the WSJ Web new roles for Uber drivers (scouting potential targets for a house flipper)https://www.wsj.com/articles/uber-drivers-seek-extra-cash-working-for-house-flippers-11559035802?mod=h...
Peter Fennig
Pre qualifying on a refi
I have a problem where I've been self-employed for 2 years now and only have 1 years worth of taxes, and have a house that has an ARV of 60k that I own free and clear but it needs 25k to rehab to reach that ARV. I've ...
Koree Scott
Buying A SFR In Cash With No Employment
Hello BiggerPockets community! I'm new to the site and this is my first post, so please do let me know if I should be posting this in a different category. I have no real estate experience but I have been listening to...
Jason Wright
Employment history, Down Payment, or Savings?
Hello BP!So, here's the set up - I recently scored a new job and my ideal situation is to start shopping for investment (multifamily) homes in the next 6-8 months. Therefore, I will have only about 6-8 months of emplo...
Dan Perlman
FHA Loan Proof of Employment
I have a question regarding providing proof of Employment when attempting to get an FHA loan. I just relocated back to NJ from FL. From July 2017 to June 2019 I worked with the same company. From July 2017 to Dec 2018...
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...