Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
KJ D'Costa
Tax Protection for Flipping Income
We're starting our flipping business this year in order to fund our buy and hold strategy. And I understand that income from rehabs/flips is taxed at the highest level. However, we intend to use all profits for the pu...
Jake Jensen
Searching for advise in Utah
Hi my name is Jake Jensen, I am completely new to real estate understanding basic techniques some investors are using, and being lost and confused when trying to apply them to my special current situation that changes...
Josh Adamo
Buy, live in, fix up, and sell!!
Hey BP members,
Got a quick question, what are yalls thoughts on buying a house to fix up with little cosmetic repairs for a good price live in it while fixing it and then sell it?? What are the pros and con...
Jason King
RI Support Team
Hi All,
I am a new prospective investor in the Rhode Island area and am looking to put together a solid support team to help me achieve my investment goals. Specifically, I am looking for a Real Estate Attorney, CP...
Timothy VanWingerden
Operating expense or capital improvement?
I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
Yuliany W.
Withdrawing funds out of a 401(k)
Hi all,
How do you withdraw the money in your current employer's 401(k)? I don't have a financial hardship, and I don't want to take out a 401(k) loan. Is this possible at all?
I know there are penalties for withdra...
Stephen Aki
Converting ROTH to Traditional then to Solo 401K Plausible?
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
Luke Grogan
When to sell a buy and hold portfolio ?
When is the best time to sell as a buy and hold investor? As I write that, it doesn’t sound like I am a buy and hold investor, but I’m definitely not a flipper and I’m in this for the cash flow. I buy SFR, usually wit...
William D.
Less Then 20%-25% Down for Multi Family
BP!Is there any way around the usual 20 or 25% down payment for multi families?