Leo Gonzalez
Paying Income Tax on Low Cost/High Cashflow properties
After successfully purchasing and renting out a duplex in Syracuse NY I've started considering the tax implications of the gross income I will be receiving. The analysis I did on the property accounted for expenses l...
Taylor Witt
Waterfront Resort for sale...need help analyzing
Need help in analyzing a seasonal resort/rental property I am looking to buy with my partner in Minnesota. Currently I have 3 rental SFH rental properties and feel comfortable analyzing these deals, but never have an...
Jack Honroth
Staring Out - Atlanta
Hey All,
I’m a two year out of college salary worker looking to get into the rental property space. Hope it can become my full time job as I’m done with excel lol. I have around $10k set aside right now for the proje...
Matthew Ficorilli
Capital gains tax question
I have a question about wholesaling. If I structure my deal with an assignee or do a double close on a deal, is there any way that I have to pay a capital gains tax? Or is it straight income tax? I have an LLC set ...
Brittany Olofsson
Paying off student debt 1st or GET INVESTING!
I currently have student loan debt of $70k that I am trying to focus and pay off completely within 3 years. Then my plan is to start investing. My question to experienced people is should I focus on paying off this de...
Jeff McMahan
Rollover for Business Startup (ROBS)
I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
Nick H.
Newbie reaching out to experienced landlords
I am currently in Baltimore I got a job offer down in Broward County. Making about 19K more base salary so my W2 income would spike nicely. I am about to finish my first BRRR deal (actually got the appraisal done tod...
Taylor Smith
LLC, S Corp, C Corp entity
So I’m looking start my business entity but I’m unsure exactly how I should do. I’m writing to find out from seasoned investors about there opinion. I’m hearing a lot of things about Wyoming LLC or S Corp or C Corp. I...
Linzey Ledesma
Advice on vehicle to use for 1st property
Hello BP family,I am planning on purchasing my first property next year(2021). My initial plan was to buy a multi family unit either a duplex or triplex and house hack. However I started a new job six months ago that ...
Christian Lincoln
Investor / Builder type contract?
A home builder is partnering with an investor to build a spec home. Investor will be financing the construction; home builder will perform the work. They plan to split the profit after the sale. What is the best way t...