Say a limited partnership is formed to purchase a rental property. I understand it's typical for the general partners to contribute less money compared to their interest in the partnership since the general partne...
A few minutes ago I was going to respond to yet another "I need a CPA" post and noticed I was currently sitting at 999 posts. So I decided to instead detail how contributing to BiggerPockets (BP) has helped me grow pe...
Hello BP, I'm looking to build a spec home on a piece of land I own in a relatively affluent Bay Area neighborhood. I'm negotiating with a prospective partner who is an experienced developer/RE Agent in the area. ...
Hello Bigger Pocket! My name is Donn Milton, I'm currently a Lieutenant with the Fire Department in Pensacola Florida. I'm joining bigger pockets to research real-estate wholesaling with the eventual goal of getting i...
I'm a college student and I'll be graduating in two years. What should I do with the money I am earning right now in internships if I plan to begin investing in real estate as soon as possible after graduation (whethe...
I saw something recently where the CARES act added in last year that an employer can contribute up to 5,250 each year until 2025 towards student loans, and the money becomes a full write off. My company is just me an...
Question for the SEP and Solo 401K experts. Suppose a Solo Financial Advisor pays himself a W2 of $50k in 2016 and has a Net Profit of $60,000 for his SCorp in 2016. What is the maximum amount the Solo FA can tax def...
1. Make A Plan2.Know The Market3.Be Honest4.Develop A Niche5.Encourage Referrals6.Stay Educated7.Understand The Risks8.Invest In An Accountant9.Find Help10.Build A Network
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
What do you love about flipping a property? How do you think you contribute and help others in this industry?