Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
I got this application. I can’t imagine an adoption subsidy that is $10k per month. Can I ask for proof? A few other red flags but this is the main one. It puts this applicant at 6.7x rent. Rent is $2150.
Hello BP,First and foremost I would like to thank you all for the continuous stream of content that I have been learning from for over a year.I have learned so much from you all. Every time i ever had a question prior...
I've lost my W2 job due to COVID-19 quarantine in NYC. I'm applying for Unemployment from NY state. There a question in the application: Other than part-time work, on-call work, or owning a single-family rental unit, ...
Hi All! Still trying to lock down a tax pro who is familiar with the STR strategies, but in the mean time- I’ve got some questions. I just started my AirBnB, it’s a full time investment property. According to most ...
I am trying to figure out a method to identify the best place (Metropolitan Area) in the US to find a "buy and hold" property.
A common method is to identify several parameters, score each of them.
I identified the f...
I'm in Chicagoland western burbs invested in couple rentals. Looking to get back into flipping need some help and knowledge on private funding and how to start self funding 401k
Hello! I'm a newbie 18 year old investor looking to learn from the best. I've started coming on here everyday to post forums and meet new people, so anyone who'd like to throw some knowledge down the ladder to the new...
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
So I bought this house back in January, and I fixed it up over the summer. it is a 3 bed 2.5 bath built in 2006. When I listed it I adjusted the rent to be a little higher than the comparables in my area, because it w...