Raquel Singer
Advice needed -- student housing
I need your help, please. I've been reading about the recent trend of Chinese families sending their children to attend high-school in the U.S. I'd like to explore the possibility of buying a large property to house a...
Padric Lynch
Donating Cashflow to the Navy Marine Corps Relief Society
BP,I am an investor and a Marine in the Eastern North Carolina area, specifically Newport, NC. MCAS Cherry Point and Marine Corps Base Camp Lejeune are the military installations in this area. I have been bouncing aro...
Lance Lvovsky
BREAKING NEWS: Additional Tax Relief for Hurricane Victims
A bill passed the House yesterday that would grant additional relief on top of what the IRS granted immediately after Hurricanes Harvey, Irma, and Maria. As some of you know, immediately after the Hurricanes, the IRS ...
Konrad Lightner
Charity / Retirement Business Plan
Hey Everyone!We feel called to and it is our business plan is to give 50% percent of the profits to charities that the tenants will choose from each month via our website. The other half will go towards the business ...
Lucas Amuchastegui
how does "pass through" income work in a partnership LLC?
Hey BP,
These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...
Nathan M kiefer
400k bonus - tax mitigation
If you were to receive a 400k bonus from a w-2 employer what is the best way to legally avoid as much tax as possible?
Tea Marie
Downpayment vs. 401K savings -how much
Hello,My goal is to purchase my first rental property (non-local) in 2017. I have just reached my emergency savings goal, now I want to save as much as I can for a down payment. Except for my emergency fund, all of m...
Devonte Dinkins
Historical Mixed Use
I am interested in using a FHA 203K loan to renovate a Mixed-Use building. I am looking to have four residential units and two commercial units. Does anyone have experience with historical renovations? How does the p...
Christina Hsu
Trump Tax Code changes affecting REI?
Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...
Bryan O.
Tax Deferral and How to contribute to solo 401k
As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...