I am a current investor with a 50 unit portfolio in Baltimore, MD and over the past 7 months have started to do content creation showing ordinary people how to grow cash flow and wealth through real estate. Surprising...
We recently bought a rental and have a mortgage on it, I want to pay it off quick and thought about doing flips and using that money to pay for it. I realize I will have to pay gains on it if I don’t do a 1031 exchan...
I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
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?
I was listening to the Lifestyles podcast and he said that people investing in real estate should not invest into their works 401K but invest in rental properties. Lets just throw an example out there. If you were loo...
So I have been thinking about the new tax law and its implications on our fix & flip predominated real estate investment business. Much of the existing information from the pundits will tell you an LLC (taxed eith...
Hi, I'm looking to set up at Structured RE LLC, but don't have much money. What are the most cost effective options out there that will provide protection and also grow with my company? I don't want to waste my money...
I am just starting out and part oif my plan is to form a corporation. It will consist of me and my wife. What is the difference between a LLC, SCorp and CCorp? Is it just the taxes paid and structure of the corporatio...
BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
My partners and I recently (6 months ago) purchased a commercial building which we are also operating a business out of. Things are good and we are not looking to sell. However, another local business man has inquired...