Hello, I have three employees including myself paying a total of $90k net yearly for all 3 of us. I'm paying approx $1,400 every 2 weeks for payroll tax and I feel like this is way too high. Could someone please let...

Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!

BP, I am looking to do private financing on a tax delinquent property.. I am looking for any advice, and explanation on promissory note.

So I have been in talks with someone to get private money.  I have gone through purchasing the PPI and giving up 10% of the purchase price as security, as per the contract.  Now the lender is telling me that there is ...

I am buying a rental property with existing tenants in place.  The purchase price is 155k, and the current seller is holding a security deposit of $2250.  We are in attorney review, and the seller has just asked that ...

Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...

We primarily BRRRR investor who purchased our first property last year.  We are hoping to add 2 - 3 this year.  I need to get all my financial data into QuickBooks and was wondering if anyone could offer advice on the...

Hi all,
I'm a rising 2L at Yale Law School interested in working in the Real Estate practice group at a large law firm in Houston (exclusively commercial, representing buyer and lender sides). I've also started looki...

Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...

if I already have a tax lien certificate in Alabama, can I renovate and then rent the house?