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Results (10000)
Petr Anisimov I think I have a goal but I do not have a plan for investing.
5 August 2016 | 8 replies

My goal: I want my family to be financially independent in a foreseeable future. For that I need to have monthly income of about 4k to cover my current expenses. I think that I am comfortable with investing in Rental ...

Kate Ellis LLC Taxed as an S-corp for flipping
23 January 2020 | 6 replies

We just set up our LLC in Illinois to flip houses.  I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership.  I'm all for S-corp except for the requirement ...

Dan R. Health Insurance on Schedule E
22 April 2018 | 10 replies

My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...

Mike Abel Creating a Website Prior to Registering Your Business
12 March 2012 | 9 replies

Hi, I am just starting out as a real estate investor and had a question. At what point do you need to register my business? Can you create a website or market a business name prior to registering my business? Thanks.
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Lesley Resnick WeWork - not working. Is the iBuyer Buz the same?
4 October 2019 | 5 replies

I have been following WeWork for while now wondering what is the big deal?  $45B valuation?  For what?  They are valued and treated like a tech, but they did not create anything new.  The sobering light of their finan...

Rick Turman Tax Strategy Guidance For Rentals
11 July 2020 | 4 replies

I have combed a few forums but have not found a variant for my questions that I am needing help with.  I own two duplexes that were purchased in 2019; one in my personal name and one in the business.  Both were in ser...

AJ Felix Rough draft Business Plan
19 November 2019 | 2 replies

So far I have been working on my business plan following the RE investing guide template on bigger pockets. This is my rough draft up to this point in time. Is this what it should be looking like and does this sound ...

Adam Sankowski Any REI tax pro or genius recommendations for Boston Somerville
11 October 2018 | 13 replies

Hey, trying to get my head around the new REI tax laws and I've got a bunch of questions.  I've looked into hiring a firm to help but they are thousands and thousands and I don't even know what I need until I get some...

Cal Ewing Canadians making it happen in the US
24 July 2015 | 14 replies

To my Canadian friends, I have only ever invested in the US. I have done two turn key deals and recently bought 3 properties at a tax sale. I really want to grow my business in the US, however my new cross-border acco...

Wilson Vanhook Airbnb fees - Should host cover them?
14 August 2022 | 8 replies

Do you as hosts pay the airbnb service fee or defer it to the guest? Standard is 3% fee for the host and 20% fee for the guest. But, if hosts choose to pay the guest’s fee, airbnb will knock that 20% down to 11%. So t...