Christopher Smith
California Draconian Rent Control and Property Tax Inc Nov Ballot
In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
Bill Briscoe
Meals Tax deductions at 50% or 100%
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
John Choi
Questions for flipping in San Jose
I am a construction manager and also a newbie investor looking for flipping opportunities in the south bay or east bay area and the investors who also have interest in flipping as well. Since I have a full-time job an...
Jimmy Hong
Pay higher taxes to get access to financing?
Does anyone intentionally report higher taxable income (and obviously pay higher taxes) so they can qualify for financing, such as heloc or business line of credit?I understand there are alternative methods such as ha...
Valenda D.
LLC, Business Trust or ROTH Solo 401K: Which for New Note Biz?
BACKGROUND
I'm a former buy & holder moving forward and starting over after a downturn in personal circumstances, in the planning stage of creating a note investing company for and by myself.
I have been learn...
Xavier Thomas
Wholesaling Tax Strategies
Hey everyone. I'm new to BiggerPockets and something that has caught my attention is wholesaling. While poking around in some of the forums, I came across this: here. Which showcases the tax implications of doing whol...
Terri Pour-Rastegar
Daycare Center: How do I market it, price it, lease it, etc?
Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
Dana Powell
Are closing costs deductible on a 40-year DSCR mortgage (purchase and refi)
Greetings, when researching online, i came across a nugget that typically deductible closing costs can only be deductible on mortgages that are 30 years or less, but I can no longer find that web page! If there is su...
Marc Delgado
Outsourcing Accounting/Bookkeeping duties
Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties. We've heard offhand both on this web...
Peter Fokas
car - lease vs buy
Trying to assess whether we should buy a car or lease a car. Breakdown of our current situation:1. we have one car (only need one car)2. we drive less than 10,000 miles a year3. we use the car more than 50% for busin...