Michael W.
Building your portfolio as Business
My wife & I are going to build our portfolio together. I would like to buy and hold and have rental properties. Start with single family, than multi followed by apartments over time. I would like this to become a ...
Ryan Rabbitt
Employer does not match 401k - should I invest?
Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...
Jan Van der vorm
Is the cash flow 100% tax free if you own 100% of the property?
I own a investment property that is 100% Owned by my LLC after paying back the loan. Now the property in Indianapolis is cash flowing $700 per month. Is this tax free?
Jonathan G.
where to incoporate
I live in California and currently acquiring an apartment complex with friends in Texas. Where would it make the more sense to incorporate the holding LLC, Delaware, California or Texas?
Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Mary Jay
How to calculate state taxes on a rental in California
Hi Guys,
If we received 36 k as a rent on a house located in California . Mortgage was 24k. The repairs were minor, so it’s negligible. How much would our state taxes be? (My husband keeps waiting for the bill from...
John Brown
Mitigating capital gains
Good day all,
i have found a property that is for sale and the owner wants out of it. It is approximately 5 yo and consists of a few duplexes for sale on one side of the block and he owns a few more on the other si...
Jay Kysha
New Member Checking in - Ohio
Hey everyone - finally decided to join up after listening to a fair amount of podcasts on my travels. Looking to get involved in building a small residential portfolio to eventually combine in an aggregate sale for on...
James W.
What happens to those who make over $450k? What changes are you making?
For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
Francisco Avellan
Capital Gains Tax Avoidance
Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...