I couldn’t decide on Phoenix metro for the growth, or Tucson for the affordability but then I discovered Coolidge AZ which is in between both markets. The “path of progress” is to infill the Phoenix and Tucson markets...
I'm going to be graduating law school in a month. I want to (1) secure employment and then (2) get serious about investing. How should I go about getting started? I've read some books but am just looking for any addit...
Just starting out, learning as much as I can, listening to podcast and books. I grew up in Aiken and am planning on starting here (and the Augusta area). I’m an engineer by day. My strategy is to develop a portfolio ...
My brother and I started an LLC, bought a house, renovated it, sold it. Now we have some profit and was curious if there’s anyway to put the money into another vehicle to avoid the taxes on profit. Looking back I woul...
What is everyone's gameplan for the looming recession? I know employment numbers look good, stock prices look good, home prices look good... but they all look good until they're not. I'm not trying to predict anything...
I want to establish an llc with my wife. We will be equal partners. We live in Oklahoma and file a joint return.
How do we set this up to avoid paying self employment tax on the rental llc return?
Thanks
Hello BiggerPockets community,I have been struggling through the process of getting qualified for the past 4 months. It has been a long, hard, and incredibly brutal process. A little back story first, about a year ago...
Hello BP,I am a prospective investor that has been on the search for an investment multifamily for the past year+. I keep reading that there are many tax benefits to real estate investing but am confused to what they ...
My mom wants me to help her roll her 401k into a self directed retirement fund to purchase rental property. She will be 70 next year and wants to do this before she is required at 70.5 to start taking distributions fr...
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...