I am reading the Millionaire Real Estate Investor, about acquiring a million in real estate, then increasing equity to one million, then to one million a year in cash flow. I am just curious how many here on bigge...
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
So with the new year n all I've decided to really bite the bullet and take control over my personal finances. I'm 23 and with a new baby on the way, and also a new job, I think now is a great time to really buckle dow...
Hi everyone! My name is Jeff and I am from New Albany, IN. I have an interest in multi family units with 2-4 units. Ultimately my goal is to be cash flowing $20K a month (long term goal). Within the next 12 months my ...
Need advice on Business entity. Me and my wife are both W2 employees but we have an option to have my wife be a 1099 Contractor for the school she works for. I am reading and trying to determine some benefits of the S...
I am looking for clarification on the tax implications of purchasing investments properties outside of the state of Texas. I currently reside in Dallas where my LLC was formed and will remain based. I am considering p...
I'm about to start a business entity in California but I'm not sure which entity structure would work the best for my Note business. Currently my focus is on seller carry back notes, but I'd like entity to be flexible...
I am an investor in the NE Ohio area. We are buying a turn-key multi-unit property from someone who flipped it. They are currently paying pre-flip taxes. If we purchase the previous owner's LLC and have title remai...
This is Texas. I lived in a condo for 5 years before it just sold a few months ago. How do I pay as little taxes as possible? I also have a W2 job.