Please point me in the direction of the thread if this has already been answered but, how do you qualify for a loan if your sole income is passive income?

for a smaller park, where you have a tenant act as park manager:Do you give them a 1099?How are they compensated?What responsibilities do they have?In NC a person doing property management for another person must be a...

Hello BP!Are expenses per unit significantly different in small apartments (10-50 units) versus large ones (100+ units)?I came across a couple of listings for small apartments (16 and 36 units), where stated actual ex...

I was wondering if anyone could relate their experience qualifying for and FHA loan (or any conventional mortgage financing for that matter) while self-employed. From what I've looked into so far it's more difficult b...

View report*This link comes directly from our calculators, based on information input by the member who posted.This is a deal we are closing on next week in Pittsburgh PA. It's 3 duplexes, 2 are reall...

Hello, I have a team of 3 VAs that work directly for me (no intermediary BPO company).  I have a 4th person who did a great job at inbound and outbound sales calling that we couldn't keep on the payroll once we switch...

I'm trying to remember why I decided to form an S-corp and I'm having a hard time...... Because payroll taxes are murder...But I do get to claim SEP-IRA contributions as an expense...My personal assets are protected t...

Just got my first property, and looking to use a free accounting software to record expenses and depreciation on assets. Not sure if anyone has a good tip but I cannot seem to find the right software. It seems like ev...

Does anybody have experience with operating your real estate company and contracting business under the same LLC? I’m new to REI and have one rental property, which is not my primary source of income. I recently start...

Hi,I wanted to get some thoughts on a self serve car wash that I recently became aware of.  From my analysis of the numbers it appears to be a potential solid investment. Asking $250,000.  Any thoughts are appreciated.