I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...

Hi, I’m new to the forums and looking for advice on purchasing my first investment property. My husband and I have about $140k saved up that we could use for a down payment and closing costs. We are trying to decide i...

Does anyone know of a good answering service that can collect general info. from a script? I have been noticing that people don't like leaving messages. I have a lot of calls but now no messages. :roll:

Hi Everyone!A few years ago, I purchased 2 vacant lots outright for a total of $24,000. I am now selling them and set to close this week at a sale price of $50,000. I would like to reinvest that money into a rental th...

I already posted this on the dash, but thought I'd share here on the forums as well. Two of the top financial destinations covered BiggerPockets today, and we got additional coverage by another real estate magazine y...

Hey everyone! My main goal is to own MFH (preferably mobile home parks) but currently have no credit as well as money for any sort of downpayment. I'm wanting to know the criteria for getting started in this strategy,...

I have been spending time looking for property and found an interesting place in New Orleans. The place is currently considered a Duplex with 2 shotgun style layout on the upstairs of the property. The downstairs used...

I’m trying to decide if I should claim depreciation on my rental property. The main reason I’m hesitant is that I’m currently a student in a low tax bracket and plan to be in a higher tax bracket out of college and so...

Today is the 10 year anniversary of BiggerPockets! I just wanted to let everyone know about the blog post Josh just wrote up about it. So check it out! A Decade of Changed Lives: Celebrating 10 Years of BiggerPockets

I’m an investor that after undesirable refinance terms have decided to sell my BRRRR. I’ve been approached by realtors with clients that are interested in rent to own but am unsure where I should set my terms. For tho...