Nick Macklin
Local Real Esate Focused CPA Recommendation
Does anyone have a recommendation on a local CPA that focusses on Real Estate? At the very least has some solid experience with real estate taxes and how to position yourself best. I'm looking for one for a meet up...
Vijay H.
1031 exchange or reduce primary home loan
Hello all, Facing a quandary here and wanted to ask what you would do here . I have a rental (sort of fell into this as it was my primary but couldn't sell it in 2011 market), and am thinking of either1. selling it an...
Stephen E.
S-Corp - Forming an S-Corp for W-2 Income
I'm considering starting an S-Corp so I can pay myself a salary and generate W-2 income so it's cleaner when I go to refinance property. Does anybody have any experience with this? I'd love to know your thoughts.
Robert Hursey
203K with Illinois Land Trust
My brother and I are investors in Illinois looking to purchase a multi family with one of the occupants being our parents. Since they will be living there, could they buy the property and put it in an Illinois land ...
Eve W.
Rental gain on Schedule E, wholesale business on Schedule C?
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
Brandon Schwab
Story of opening a 16 bed assisted living home during COVID-19
It’s cold outside so sit down by a fire and enjoy a story, a story that is full of twists and turns that at times made my head spin. My longest post ever. This story begin in 2015 when this gorgeous 18,000 sf home on ...
Connor ODay
LLC How to pay someone for work that is not a contractor/employee
Hello Everyone, First post here on bigger pockets! Any advice is much appreciated. Little backstory: I bought two 4-plexes at the end of last year. Way in over my head. My girlfriend and son have been helping with all...
Antoaneta Ortiz
LLC or Partnership?
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Michael Rossi
We Need a Revolution!
As we already know, because of the wild, reckless actions of the big banks selling derivatives that had little to no worth, the big banks were insolvent a year ago. The government argued that the banks MUST be saved ...
Caleb Mclamb
1031 flips? and business structure
Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...