Chris Collins
Return OF capital vs Return ON capital? (Syndication LP Investor)
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
Nathan Emmert
Wave Accounting
@Scott Weaner Asked me to post about Wave Accounting and how I set it up for real estate. Whether it's set up for real estate or not (they have that option when they ask what sort of business it is), they have a numb...
Cass Lowrie
Solo 401K vs SDIRA? Which is a better tool for flipping?
I fix & flip homes. In 2019 that business will profit about $250K. I have an LLC for buying properties and another LLC that holds a contractor's license. (Company A buys the property and Company B renovates it....
Luke Tetreault
Flip house options
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
Kristin Riker
I am finally a RE Investor!! I broke out of Analysis Paralysis need some advice
Hello RE investors!I am pretty excited to announce that after close to a year of being in Analysis Paralysis, I have had my offer accepted and am currently in the process of possibly closing by the end of the month (C...
Robert Ashline
General Question About Education and Student Loan Debt
Hey guys, I have a very specific and personal question that I'm sure will spur many different answers and opinions. I am 23 years old and I am currently still a freshman in college, I started late back in the Fall of...
Wen Guo
Bank account got frozen and deposit rent later?
Dear BP people I'll need your help on this-
I just purchased a rental, the tenant came with it. He works in hospital as nurse and seems to be a nice guy, he does has a bankruptcy history (home got foreclosed a few yea...
Selina Giarla
What are your most helpful tax strategies? Can I create a business to self manage?
I have 8 doors that are investments. I have children and a fulltime job. I would like to find tax strategies to reduce my taxable income. All houses right now are mortgaged through my name/social, but deeded over to r...
Sean Han
Would this transaction be do-able?
Objectives:To purchase a 4 units multi-family property as an owner occupant primary residence with FHA loan with 3.5% down, and convert my current residence as a rental property. Current property: Single family 3 beds...
Account Closed
If the tax bill passes what needs to be done before 1/1/2018?
Do any CPAs or tax lawyers have any recommendations on thing to change by the end of the year?