Hello everyone in BP land, I hope you're well. Part one of my real estate investing plan is to get an FHA loan for a house hack. There's a large speed bump on my road there, however, because my work has not been stabl...
HI I am a travel nurse who make about 86000 was told by my loan officer that because I am technically a contract based employment that she couldn't help us for another 2 years. Is there anyone here who can help us get...
After a lot of work and investment, I'm realizing that one key piece of information I didn't know is going to kill my deal: What kind of financial history I need to get a loan.I was W-2 employed in 2019. Self-employed...
Can I require that a potential tenant have verifiable income for a year. So can I say that you have to have had a job for the last year and it has too be verifiable.
Thanks,
Richard
I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Bas...
Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!
The first step in buying real estate is evaluating the market. When evaluating a market for multifamily investments, one particularly important factor to analyze is employment trends. A strong market must have a track...
Hello,First and foremost, thank you for taking the time to read my post. I am a new investor in San Diego, CA. My brother and I currently own a SFR in Riverside, CA (fully paid) that we inherited and have been renting...
Hello there BP world..... Im Jimmie and i reside in Los Angeles and want to move to St.Paul area to buy my 1st home. Want a duplex so i may start house hacking with my 1st investment.
I have family in St.Paul and a...
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...