Zach Schmid
IRA to Solo 401k Rollover
Hey Guys! The BP Podcast with Amanda Han on taxes last month really got the gears turning in my head. For anyone who hasn't listed to it yet... it's a great one! Episode 162 Now onto my question.. I have a traditional...
Gareth McEwan
LLC to Operate an AirBnB Business
Hi AllI have funds saved up that I want to use as a downpayment on a SFR. The idea is for me to use my personal funds to make the purchase, and for my wife to operate the property on AirBnB, through an LLC.We have a p...
Greg Doss
Beginners stay away from RE Gurus/Save $ find a Mentor
To quote @Engelo Rumora “Gurus are S**t!Save your money and find a mentor.”That was great advice given to me by him and every since I have stayed away from buying any programs. I don’t consider myself an expert by any...
Ryan Wilson
Real Estate CPA Help- Tax strategy - What am I missing?
CPA question. I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something. Business owner (Joe) sales a small business ( not rea...
Troy Pauls
Tracking Expense for Real Estate Business Before Business Account
Hello All, I have been working on my real estate business for the last year. However I have not had a business account and have been using my personal funds and Amex for my expenses. So I need help understanding how t...
Filipe Contaifer
Buyer Rep Agreement - Liable for Commission?
Hi everyone! My relator sent me a Buyer Representation Agreement to sign. However, the below bolded section seems to me that I would be liable in the event seller did not pay commission? Is this standard? Should I ask...
Alain R.
Forming My Property Management LLC for liability and asset protection.
I own under my name over a dozen rental properties (with loans) in Florida which I effectively manage from Europe without an issue. While I have HO6 insurance on them, I am considering creating a My Property Managemen...
Troy Forney
Where should funds come from?
I have two single family homes a recently purchased. Both are cash flowing nicely and I am wanting to go forward with a third. Problem is I am running out of funds. The way I see it, I have four choices. 1) Tap i...
Jeffrey Rust
Would you compound $100,000 @13% or buy Real estate ?
I have been lending money to RE investors & earning 13% plus points sometimes.I am curious as to the pros & cons of continuing rolling my investment into other investors deals or starting to build a real estat...
Albert L.
no capital for 2nd deal. how does one stay productive?
Hey BP, We have unfortunately fallen in the typical newbie investor pitfall and deployed a good chunk of capital to our first deal are now struggling to find ways to do the second (most likely a BRRRR project so this ...