I have a newbie question regarding income for an LLC. If a property grosses a 100k, nets 50k after expenses, and then capitalizes the other 50k in improvements to the property, what is the income that is taxed? 100k?...
I have a deal that I have analyzed with a 9.55 cap rate. All the properties within this portfolio are rented. I am just starting back up and need to know if I should proceed or "due" more diligence. I am going to s...
Hello Bigger Pockets Forum! One of my friends told me about bigger pockets 3 years ago, and I am happy to finally join! Last year, when I had my day job, I spent several afternoons listening to the BP podcasts while...
I’m relocating to San Diego (Chula Vista) and was wondering what is working for flippers in this market. What are your biggest challenges? What’s your strategy for success?
Pretty simple issue, new investor who moved into a new house 2 years ago a bought a single family unit last November, who is having trouble financing a larger multi unit.
With very conservative numbers I have found ...
Hi all,Some background: I am currently doing a live-in rehab in St. Paul with my husband and looking to sell our house next spring to continue our real estate investing journey (we're looking to get into rentals and p...
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...
Hi All,I'm looking to get into the real estate investing with my very first home purchase in a new city, and I've heard of this Self Directed IRA (SDIRA) form of investing tax free. I'm purchasing a home with my Roth...
Going prices for trendy areas in Salt Lake seem almost out-of-control. Avenues, Sugarhouse, downtown seem to be very hot with some pretty beat up properties listed and selling for some pretty rich sums.I'd like to hea...
I'm considering purchasing a commercial office building that has 4 suites. My own business currently leases one of the spaces. I would like to then convert it into a commercial condo. I know I would need to establis...