I'm looking to get into wholesaling, and I was wondering what taxes on my assignment fee would look like. How exactly would I file this and what can I expect to be taxed off of my assignment fee?

Does anyone have recommendations/best practices to share around income verification for retired/semi-retired individuals? What do you usually look for in lieu of a paycheck for someone who still works? Thanks in advance!

We are 2 years into rentals and are considering renting to a spanish couple that have been here over 20 years, have fin numbers and are gainfully employed. The husband has applied for a green card. the wife has not. W...

Hello,

I got back a credit and background check for a potential renter via smartmove. Here is the feedback I got on the credit check (credit score itself was excellent and credit score was high):

Address submitted h...

Hi All. Hope your holidays going well. I have International students as tenants in my property. Of course they have no credit score or any but have bank checking account. They want to open an account for the Internet ...

Seems like the markets are not exactly embracing the bailout plan. A worldwide sell-off is not a good sign.

:cool:

My wife and I have an S-Corp elected LLC and invest in 100% buy and hold passive income. Problem is that I have been disabled with a non-work related injury and will pull long term disability where I cannot make anoth...

Hello again BP family,Ive got a hot one here, My younger brother has operated a construction style business for several years now...under the table. After my repeated nagging, and teaching him what opportunity costs a...

Here are the income tax brackets for 2014 and 2015 (from Bankrate). The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.http://www.biggerpockets.com/blogs/5881/blo...

I'm asking $995 first month's rent, + $795 security deposit, so total about $1800 to move in. I don't know if most tenants have this much cash available at once, and if I'm being reasonable (I did already make the dep...