Marcin G.
what if sub gets injured
Lets say I hire GC, I sign a contract that among other stipulations says that I pay only to GC. GC hires subs. Lets say he hired painters team. Guys are not licensed or insured …one of them falls off his ladder and...
Luke Tetreault
Flip house options
We are fairly new to real estate investing and we have done multiple BRRRRs and just listed our first flip for sale. After doing more research and talking with our CPA, we will owe about $30,000 in capital gains tax. ...
Mark H.
Solo 401k Distribution
I am the trustee and admin of the solo 401k plan of my business.What paperwork is required for an employee early distribution to comply with DOL and IRS rules? How do I report it for taxes for both employer and employ...
Jonathan Halliday
Contractors
If I can pick somebody brain. Will you use a contractor that has insurace, but no worker's compensation or a contractor that has both, insurance and worker's compensation. Here's the wrench though the contractor ...
Phil Long
COGS vs Expenses Information Request
Is there anyone running a successful flipping business that would be willing to share their P&L statement or can provide info on what a healthy COGS vs Expenses ratio looks like? I'm searching for something to co...
Frank R.
License required to self-manage commercial property in CA?
The scenario - A 20 unit office building. Can I have an employee do all of the on-site management and maintenance, that I own as an LLC, without a RE license? Employee will do no negotiating.
Aaron Sauceda
401k / Self-Directed IRA Question
Hi All,I'm a new investor located in Orange County, CA. With the usual caveats in mind -- i.e., this doesn't constitute legal advice / consult your CPA, attorney, etc. -- I wanted to get a sense for how experienced in...
David Oh
Profit Sharing Bonus for Property Mangement Staff
Hi All, Not sure I'm posting in the right place but it says this is the Rental Property Management Forum, but it's about the business end.I'm looking for some guidance from other PMs who have created a profit sharing ...
William Fellows
Mulit-Member LLC (opco), Mging Members solo LLC for solo401(k)
Somewhat similar to this older topic (https://www.biggerpockets.com/forums/51/topics/144...), but differing: have a multi-member LLC through which most active business (investing, holding) occurs. Managing Members hav...
Dan Rudolph
Small Business Owner's retirement locked into his own 401k?
I have a friend that runs a small business with employees. His company currently offers a 401k plan that he set up through Ameriprise.He is heavily invested in this 401k and would like to be able to diversify his ret...