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Are you taxed on the money that you leave in the LLC's bank account? AKA the money that you don't draw out.
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Hey BPers,
I am designing a strategy for tax-deferred savings that builds current cashflow and could essentially function as an alternative retirement or FIRE strategy.
So...here's the strat in a nutshell:
1. Form ...
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I get automatic emails from Redfin that send me instant notifications with new listings and a lot of new listings don't have property photos uploaded yet. Why would an agent make a listing go 'live' without photos? I...
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I have recently found myself in what I believe to be a great position and would like some advice. I am having a meeting in a week with an investor who made it know that he would like to invest his money with me. I hav...
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I'm hoping there are some CPAs or personal experience (knowing I need to confer with a CPA) here to assist me with a decision on whether or not to open a LLC in TX (our place of residence and where we'll do all our bu...
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Hi there, BP community! First time poster here, excited to learn and grow in the forum :-) I recently inquired about purchasing an off-market property, to which the seller's son indicated that the owner (his mother...
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I am looking into acquiring a home with enough yard space to put a prefab guest house on that I could rent on AirBNB.
What do I need to know to start planning and budgeting this?
- Checking with planning and zoning....
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I recently was successful bidder on a 2nd mortgage foreclosure trustee's auction on undivided interest on 160 acres in Texas. This was for 1/2 interest of the property, I already owned the other 1/2 interest in the pr...
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Hi All,
So I just completed my real estate course and just waiting to take my RE exam in NY. I've been looking through BP for some insight on what brokerage to look into to have my license when I came across two onli...
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We are in a position where we can potentially raise more money to do investment deals, but had a concern about some objections we may face. The main objection is if we have to use multiple investors on deals and what ...