Hello BP family I have a vacancy for a rental and I am in the process of screening a tenant and he is self employed how can I get a proof of income from him if he doesn’t have pay stubs since he’s self employed?

As a newer realtor I'm thinking about starting an llc or s-corp so I don't get burned as badly on self employment taxes. I am also getting ready to move and rent out my current house and purchase a new one. I'm trying...

Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?

Hello BP,Let's say Johnny buys an investment property for $165k in the state of Texas and puts $30k into it for a total of $195k; the property sells for $300k 2 months later.Johnny has had some experience with flippin...

I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...

I've read through the other solo 401k threads but so far I haven't found an answer to my situation.I have a current 401k plan through my full-time employer.  I also have a small business on the side as a sole propriet...

I wanted to describe a situation and see if anyone can tell me what the tax implications are:

You get your real estate license to help with your part-time investing business and don't use it as a typical agent would....

Hi Biggerpockets, long time podcast listener, first time poster.
I've decided to start my investing journey with a duplex house hack. I've spent the past few years building my credit up (currently 730) and my bank ac...

I've been reading a lot about both the Solo 401(k) and the Self-Directed IRA LLC.  From my layman's perspective, it would appear at first glance that Solo 401(k) is the way to go.  No custodian to deal with and higher...

I started investing in real estate when my employer made changes to the pension plan (they stopped contributing to it). I was facing a shortfall in my retirement plans as a result of this change that I needed to make ...