Michael Meegan
BiggerBuckets - (2) to be exact!
If you get your REPS by materially participating more than half your time in real estate than your passive activity losses can offset your non-passive income, but how is it possible to acquire any non-passive income i...
Jack B.
Can I use a Solo 401k to reduce my taxable W2 income?
I have a full time job and rental properties. I'm looking for ways to reduce my taxable and am looking into whether 1) I qualify for a solo 401k as a landlord and 2) whether it will help me reduce my taxable income. I...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Jason Wilde
Rental Expenses and AGI
Hello. Long-time lurker here. I'm hoping that someone here can help me.I'm trying to estimate my AGI (assuming rental income only), but am struggling to find straight answers. I have my lease agreements set up where I...
John Boore
Bigger Pockets would you do???
BIGGER POCKETS FAM!!!! I'd love your input - Lets say I have a home that's worth 350k but I only owe 100k...My options are:a.) I have the money to pay off the 100k and rock solid cash flow.b.) Sell - take the equity a...
Daniel Levine
Discount Rate
How do I determine a reasonable discount rate? Can I use the cap rate? I am trying to calculate the IRR on a few different investment options. Thanks.
Account Closed
Cheapest path towards getting California Real Estate License?
I am just starting real estate investing. What is the cheapest path towards getting a California real estate license? What is the "best" path towards getting a California real estate license?Should I take in-person co...
Joel Turtel
Commercial RE agent and advisor on NNN-lease property investments
I'm a commercial real-estate agent, and advisor to high net-worth individuals on the great benefits of investing in NNN-lease properties. These are properties such as a CVS or Walgreen store that an investor buys. The...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Joe Bruck
Baltimore buyers agent fee?
is it the norm in Baltimore city for an investors buyers agent to charge $1000 flat fee for properties prices below $100,000?