Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (1324)
Cameron Moore Should I opt out of FICA tax?
23 August 2018 | 2 replies

I am a licensed minister working for a non-profit ministry. I have the optIon of opting out of FICA tax. As of right now I am paying It setting aside $750/month. I was wondering If I should stop paying that tax and pu...

Katherine Robbins Flipping LLC being taxed as SCorp
11 September 2017 | 2 replies

Hi everyone,

I own a development company that primarily flips houses in MA amongst various other GC and design work. When we started a year ago and a half ago, we were told to structure our business as an LLC and ele...

Jesse Dickens Do I need an LLC for a fix and flip?
7 December 2019 | 4 replies

Currently under contract on my first flip in Denver, CO. We are set to close this coming Thursday and as os now, the property will be in my name. I'm trying to figure out if it's worth getting LLC for this project. I ...

Greg P. Taxes on Wholesaling?
22 October 2009 | 8 replies

Does anyone know what the taxes would be if the assignment fee is $5k? I haven't opened a business entity yet. Thanks

Max Briggs Tax Advantages in real estate
9 November 2017 | 28 replies

I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses.  I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...

Account Closed Are SDHSAs the same as SDIRAs?
3 May 2018 | 4 replies

Some SDIRA custodians also offer SDHSAs.  On the funding side, IRAs and HSAs are different animals. Retirement account (401Ks, IRAs) contributions must be made from earned income. HSAs, on the other hand, require on...

Eric Carr How much $$ reserves do you want to potentially semi-retire?
2 May 2024 | 4 replies

I have 11 units in the Twin Cities. My total of all annual expenses is about $220K- everything, insurance, haircuts, leisure travel, property taxes, etc all included in there
I dont want to semi-retire any time soon,...

Frank Raciti Investor Friendly Accountant
7 July 2020 | 9 replies

Hi All. Does anyone have a recommendation for an accountant who is experienced in working with real estate investors? Ideally he or she would be in Somerset or Hunterdon Counties but it's not a deal breaker if they're...

Austin Wang Tax Implications for having wife's LLC manage rental properties?
29 July 2020 | 4 replies

I have a few rental properties that I invested in prior to getting married. My fiance and soon to be wife has an LLC for her investment properties. If she is to manage them, and I pay her, can that income be deducte...

Jeni L. taxes on new partnership for wholesaling
2 July 2014 | 3 replies

I'm setting up a new partnership for the purpose of wholesaling.  I want to make sure I'm structuring the business effectively for tax purposes.New Wholesale Business:located in GA (LLCs are easy)2 person partnershipa...