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Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy. When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...
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Hey Everyone!I'm happy to be here and looking forward to connecting with many of you as I get started with my real estate investing journey. I'm also posting here for accountability of my actions. I really enjoy forum...
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Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
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I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
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A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...
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This is basically an information gathering post, some things I've been turning over in my head. I've got a few clients considering new construction and I've connected with an architect/builder firm so I have a good f...
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IRA/401k plans as they relate to self direction/self administered has been a hot topic lately and as such, I would like to attempt to get a consensus on experienced investors' perspectives to the following question:
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I recently had a r/e agent tell me that their firm only transact with bank qualified buyers. Is this normal and why only bank qualified?? Or, was that person just being a jerk on a Friday🤷🏼♂️?
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My grandparents are retired and own their home outright here in Hawaii. It's probably worth a little over $1.2 million , and they're considering selling it and moving to Las Vegas.
Their plan is to buy two SFHs in Ve...
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The seller is asking $749,000 for this property, the tax assessor has it at $627,100, I've analyzed it at $600,000. It needs some exterior work, and what appears to be a minimal amount of interior work. I've only b...