George Leeman
S corps and Distributions taxed as capital gains?
I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...
Mark Forest
How many do this stuff full time and are doing well
I am hoping I can get the answer to this practical question. Yes, I know “if you can conceive it you can achieve it” and “always think positive.” I believe that and I get it. I want to know how many of you are actu...
Harry Karambizi
I am afraid my credit & complex tax situation is a death sentence
Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...
Wendy Owens
How much cash on hand before we go full-time?
My husband and I recently relocated to Portland Oregon for a contract our tech company won. We moved from Cincinnati where we flipped 3 properties on the side and we made about $30k on average after expenses on each p...
Ben C.
S Corp Limitations?
The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
Henry M.
Is it reckless to invest in my situation?
Hi guys, I'm absolutely as green as can be on the real estate world in general and property investing specifically. I was just spending my Sunday doing a little tinkering with my savings plans and thinking about my si...
Nick Stageberg
Coming downturn for tech hubs?
Pretty interesting article on how accounting tricks have created funny money in tech hubs like San Francisco and Seattle that have inflated the real estate markets:https://www.redfin.com/blog/2017/09/when-even-tech......
Amandeep Singh
Newbie to Multi-Family Investing | Where/When/How do I start?
Hi folks. Wife and bring in an annual combined salary of 600k (Net). I have been earning this salary for about a year and expect it to be the baseline for 5-7 years. (My spouse just landed her first gig and is project...
Arya Feroz
CA investors - which strategy worked best for you and why?
Hi BP community,
I am an aspiring investor who has tried to jump into the REI game a few times this past year but still no property, and truthfully, confused as to what the best strategy would be for me. I know this ...
Phaen Pittman
Need Help Rearranging Debt or Restrategizing.
Hey BP,So a friend of mine called today asking for some advice that was well above my pay grade. He works full time as a college professor, owns his own auto repair business, and also owns rental properties. He ran ...