Jesse Kindra
Self Directed IRA or Solo 401k
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...
Shaun Weekes
7-29-17 Fannie Mae is coming out with DTI up to 50% back end
Fannie Mae's new DU version that comes out 7-29-17 has a few changes that are going to help investors. The main one is the fact that DTI will now be potentially accepted to 50%. Freddie Mac has had this for some tim...
Scott Robinson
Federal Income Tax %
What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...
Tony Crabtree
How do you qualify a young renter?
Been sitting with a vacant property for far too long. I think it’s mostly because of some rednecks next door who are waving confederate flags in their backyard.... classy. I know.But I have a renter who just applied.P...
Chris C.
Help with tax when having another business to go towards buying real estate
Hi I was wondering if I can take profits from a different business (has nothing to do with real estate) to go towards buying houses to help with taxes or would that not work?
Michael Maliszesky
What are some good Tenant Screening Services?
I'm a new landlord looking to get a new tenant. I was wanted to know about people's experiences with different Tenant Screening Services. I have my own paper application. I was looking at rentprep.com, and my friend u...
Jabari Seabrook
"Self-Employed in Charleston, SC: DSCR Loans for New Construction on a Triplex
BP Community,
In this blog post, I'd like to discuss my situation as a self-employed individual seeking financing for a new construction project on a triplex in Charleston, SC. Despite having a credit score over 70...
Taylor Tindal
Joint Venture: Should we form an LLC
Hello,I'm interested in partnering on a deal with 3 individuals. In order to do this should we all create an LLC together for this one deal? Or will our individual businesses protect us? (One person is not protected b...
J.P. Ventura
Should I Elect to be an Independent Contractor or an Employee?
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area (I live in DC) have any advice as to which I should choose. I am going to...
Jeffrey Johnson
Real Estate Investor Friendly CPA??
Looking for recommendations to a CPA that is real estate investor savvy and friendly. Want to figure out the best ways to give myself a tax shelter from any self-employed income I receive. Anyone know someone good?