Julio Gonzalez
A Post to Understanding IR-2023-193
In a recent post (linked here), I discussed the moratorium that was issued on Employee Retention Tax Credit (ERTC) claims. IR-2023-193 was recently issued as a follow up to include details on the new withdrawal proces...
Anthony Buccanero
Becoming A Real Estate Agent
Hello all,I am currently in the process of researching the pros and cons of becoming a real estate agent. Does anyone have any feedback regarding the licensing process, etc? I am from Minnesota so I am looking to co...
Gabriel Benavidez
401k loan or withdraw
So I’m sorta in a dilemma I’m currently under contract for my fourth rental and I was planning to take out another loan from my 401k to put as a 20% down payment which is around 38k but I currently got news that this ...
Chris Trull
I need help understanding the "Where"
I see a lot of potential "projects" in my area. My concern is that how do I know it will work? I mean more specifically, what information do I look for in an area and where would I locate this information? Is it inco...
Giedrius C.
Lending for flips and dealer status with irs
After paid consultations with high profile CPA's who specializes in real estate I have contradicting answers to my question, I wonder what bigger pockets folks think about it.Question is will irs assign dealer status ...
Debasish Bhattacharjee
Self employed tenant screening
I am currently searching for tenant for my rental home in Tracy, California. I have two applicant applied both of them are self employed. I am using zillow background check and verified both of their BG is clear, have...
Chris O'brien
Business Administration Graduate seeking advice
I just graduated from college with a bachelor's in business administration. I want to find a job that will pay me a lot of money, even if I have to work 90 hours/week. I want to work like crazy for a few years so I ...
Sergio Martinez
House Hacking in Palmdale/Lancaster CA
Hi Everyone,I currently live in LA working at an accounting firm and looking to buy my first property to house hack. I'm considering both Palmdale or Lancaster as homes are relatively more affordable. I wanted to get ...
Matthew Newby
Subdivide and conquer
Your goals and story: I currently have a 1.3-acre parcel with a 2 bed 1.5 bath home that I built in 2013 as an unlicensed owner builder. Sweat equity paid off nicely, currently owe $99K on it and a recent BPO came bac...
Todd Willhoite
Electing tax status for LLC planning to buy land and resell some
Some partners and I are purchasing a large parcel of land. We will probably sell off some large parcels to pay down the debt on the remaining property and then hold some of the land indefinitely. Trying to figure ou...