Coleman Nelson
Tax Implications of Equity in LLC in exchange for Sweat Equity?
I am partnering up with a couple guys who have a successful rental real estate business. I will become a member of their LLC in exchange for the work that I will be performing managing all of the rental properties. ...
Account Closed
Newbie looking for help getting into first home
Hi all, I'm a real estate newbie and first time home buyer in MD looking to purchase a specific house in Rockville. Pre-approval came back 200-250k under the asking price, I've already discussed my options with my pre...
Zara Ryan
Funding puzzle- looking for ideas
Hello BP! I’m looking for ideas on how best to fund the purchase of a 4 unit bldg. it has 3900 sq ft two 2BR/2 BA and two 2 BR/ 1 BA. All in newly renovated condition, great neighborhood- two are furnished as STRs an...
Vadim Rey
First property (SFH)!
Investment Info:
Single-family residence buy & hold investment in Severn.
Purchase price: $325,000
Cash invested: $1,000
4 bed, 2 full/2 half bath townhouse built in 2014. Currently leasing to a ...
Sara Hinton
Accidental landlord turning investor- tips?
I own a home that was a previous primary residence in Philadelphia. When I moved out, my comps were low due to some interesting deal, and it made more sense to hold the property and rent it until the offending comps f...
Austin Negron
Why You Should House-Hack In Boston
The average salary for a software engineer in Boston is $117,000. Let's say $86,000 after taxes. And let's say you're currently paying $2,000/mo in rent - $24,000 down the drain/year. SWE's are positioned very well to...
Christopher Mitchell
Advice for College Student from Maryland
Hello All,I am a junior at the University of Maryland studying business. After discovering BiggerPockets, I have been really excited about real estate investing. Right now I am in the process of getting my real estate...
Vlad Kuzin
LLC and Payroll Questions
There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
Mike Gannon
VA maxed, FHA in use, what next!?
I have been lurking around the site a bit (Thanks for the referral Trevor Burns!!), and have gotten lucky up till now (good advice from lots of sources), but want to know how to go about the next step!Current situatio...
Jason K Green
Jason from Irvine, CA
Hello all. I am Jason and I am currently living in Irvine, CA. While this is now home, I grew up in a small town in Oklahoma. What a different world I now live in.My background is in finance. I received my bachelor's ...