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...
Jim Froehlich
LLC Transfers Mortgages and Multi State Planning
Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more c...
Yasmine Bisumber
Brand New From Miramar, FL
Hello everyone, I am super excited to be here on BP!I am Yasmine and I live in Miramar, FL. At this current moment I am doing my best to dive into REI without drowning. My immediate goals are to connect with local inv...
Jamison Luther
How to invest SDIRA funds into a rehab flipping business
Our first post into the community! Thanks to all for the great expertise, professionalism, and sharing that I've benefited from in the past.
Currently we have an investor with $250k that wants to put SDIRA funds to ...
Chance Cooper
Rent Drop Off
Just curious, what type of ways to you collect your rent? Currently I own two homes (Primary Residence, One Rental). I have my renters deposit the monthly rent into my bank, they just tell the teller my name and they ...
David Garcia
Looking for info regarding working with a partner that has the ca
Hello BP, I am new to biggerpockets and have been researching RE for about 6 months. With all of the great info here on BP, YouTube and reading RE investing books I have soaked in a lot of info. I am looking to buy m...
William S.
Building Maintenance Systems
I'm am trying to build my systems for managing the rentals I have. The biggest thing I have run into is being contact constantly over items that are not issues. I am creating a Tenant Orientation document that goes ov...
Hosanna Jones
QuickBooks
I would like to hire a bookkeeper to set up QBs for my business. I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include? What will I need? How long should it tak...
Davit Gharibyan
Corporation or LLC
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Michael Seeker
Self Employment Tax on a Flip
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...