Hello, I conducted an extensive search but could not find the best answer on structuring a private money loan for a fix and flip property, that minimizes the taxes for the Private money lender. Essentially one investo...
Hey guys!I am still very new in this industry and need some help here. I managing my mother-in-laws property and taking care of everything for her via POA. I know ultimately she will have to file the 1099 but are you ...
Here's a question I have been struggling with: Do I continue to save for retirement through tax deferred methods like a 401k, which grows my net worth 33% faster than a non retirement account? I am self employed, so ...
Hi everyone, I am new to BiggerPockets and Real Estate. I currently rent. Last year I had my second child but only 3 months into my pregnancy I was placed on bed rest and have yet to return. Living paycheck to paych...
Does anyone intentionally report higher taxable income (and obviously pay higher taxes) so they can qualify for financing, such as heloc or business line of credit?I understand there are alternative methods such as ha...
Situation:1- W2 employee making $230000-$300000 a year. 2- owned 2 properties under personal name, 1 in LLCWhat are the best way to get tax benefits ?Renovated a house-hacked but because of the income, we could not de...
I’m in the process of selling a commercial building and have been debating 1031 Exchanging into another asset or just paying the taxes and have huge capital in reserves and an even bigger purchasing power for the upco...
After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year? The benefit of paying the following year is the interest income accrued. Howe...
Hi everyone,Question to hopefully a simple problem. My wife's father owns 2 commercial properties that he has sold the "business" (Tire shop) to someone else but continues to receive the rent for the 2 adjacent proper...
I was just perusing the DST posts, hoping they were a "silver bullet" for solid returns for older rental property sellers. They seem potentially expensive, confusing, inflexible and...maybe lucrative?While I know an a...