Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada). I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would). Howeve...

My wife and I are just starting out with REI. We've set up company emails and a website. Now we are trying to get the tax and EIN stuff straight. What's is the best path to ensure we don't start out on a bad note by p...

In another thread Steven Hamilton II wrote
The penalty for not filling is worse than the penalty for not paying.

This brings up the question do I have to file? I have several companies.

Do I have to file in the fol...

Hello,Does anyone know if you must pay tax on the “income” earned after refinancing a home you recently rehabbed? If I invest total cost of 80k in a home, get it refinanced at 120k and get 70% of that to invest in ano...

Hi everyone,Does anyone know if I form a corporate structure in one state and choose to invest in another if I can put properties under that same corporate structure? Or would I need another corporate structure for th...

Hello BiggerPockets,I am a Realtor in California.  I am about to recently close a transaction that will net me a five-figure check.  Since Realtors are self-employed, I have been planning on creating an S-Corp to maxi...

Hi I live in California and file my corporation in Wyoming.  I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?

Hi BP,Is there a major difference between LLC and S Corp? I just heard advice that If I am a solo investor, I would need to be registered as a S Corp instead of an LLC. Does this advice have merit? I am a Buy and Hold...

Hi there. I have a quite ready & willing capital partner who is a Canadian citizen. Actually a small group of Canadians. If we were to partner in such a way that included them providing capital and our team doing ...

I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...