I recently met with my accountant and he told me that an S Corp can buy unused expenses from another S Corp. I have a relative who has accumulated over $300,000 of expenses over the past 10 years that he has never wri...
This time of the year is when I start thinking about annual benefits enrollment and health insurance options. One of the more advantageous tax planning and personal finance strategies is to enroll in a high deductibl...
Greetings!
My name is Lyall Storandt and I'm a licensed agent with New Western Acquisitions here in Houston, TX.
Although I have technically been a member since June, I am newly active here on Bigger Pockets, and lo...
How do I know what’s a good deal and what’s not when it comes to buying a rental property?
Hello everyone, my name is Scott Freeman. I am a real estate investor in San Diego, California.
I found this forum by doing a Google search. It seemed like a good place to meet like-minded people who want to generate...
What is considered a good goal for return on equity in a property? I’m trying to construct a window when I should start messing with a property to move the ROE back up once it’s accumulated “too much” equity. For refe...
I am completely new to Bigger Pockets. I came across Bigger Pockets after stumbling on "Rich Dad Poor Dad". I set a very ambitious goal of earning $250K by 4/16/2027 (~5 years from now). Any advice on how to tackle th...
I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
Hello,
I am a first time home buyer and I'll be purchasing my 1st house (primary residence) in the next 2-3 months.
Value- around $400K
Down payment- $25KLoan amount- $375000Questions1) Since I am paying only 6....
I am brand new to BP and to Real estate investing compared to most here, so i am looking for Do's and Dont's.Please give any advise or suggestions you may have, I will be grateful in my journey to better future.