Gabrielle T.
Active income LLC tied to a Solo K also used for passive income
Hi everyone, there's something I'm still confused about after talking to different people and reading through BP posts. I have a Solo K tied to an LLC, taxed as an S-Corp, that I set up for active income purpose - mea...
Michael Meegan
My CPA is using my Passive Activity Losses to write off my non-passive income????????
I don't know if my CPA understands and is preparing my taxes correctly.I love her and want to grow my business with her, but I need some knowledge so I can have a good conversation with her.Here's the scenario:In 2022...
Account Closed
Help Me Sketch a Plan for $100k Passive Income
I would like to have $100,000 in passive income as soon as possible. Please help me formulate a specific plan that will get me there.For example, I could obtain $100,000 by owning 20 units that each provide $5k in ca...
Jim Halpert
Sell for a gain, or rent for passive income ?
Hello, have been lurking the forums for a bit , decide to make a post. I have owned my house for a year now. Been renovating it to the point where I have somewhere around 30k in equity in the home. I currently live th...
Paige Williams
17 year old looking to get into passive income
Greetings! My name is Paige. I am a 17 year old that is looking to get into rental properties when I graduate college. I would like to have 100K passive income by the time I am 35. I realize that in order to generate ...
Katie Hock
From Bankruptcy to Passive income, where do I begin?
Hi! My name is Katie and I am from Lehigh Valley, Pa area. I have been interested in the idea of real estate investing for years it is one of the most fascinating concepts to me and I'm finally at a point where I am r...
Dan D.
New investor wants to live completely on passive income
Hi everyone. New investor in Green Bay and I dream of quitting my day job and investing in 100% passive income. I figured out I need to make about $6000 a month and am wanting to reach that goal in 5 years. Currently ...
Kristin Shopp
Beginner looking to invest in multifamily for passive income
I'm interested in partnering in opportunities to buy multifamily properties in Dallas(1st choice), Houston, and San Antonio. I would love to get in on some new construction but frankly don't even know who to contact a...
Jesse Freeman
Reaching $25,000 in Monthly passive income in 7 Years
That's my goal. just getting started into investing in real estate and will have my first property under contract hopefully within the next couple of months.I'm planning on reaching this goal through buy in hold in th...
Lane Otto
Mom's House Paid For - How to Make Passive Income
My mom is 60 years old, single, and does not make much money as a private school teacher. Luckily she has her house paid for, and I estimate it is worth $250-300K in it's current state. How would you help her earn add...