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Hello fellow BP investors,
I am trying to do a favor for one of my co-workers. He owns an old row home in Old Town Alexandria Va. It started as a primary residence and turned into a rental so the numbers aren't gre...
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Can any IRA account be converted into a self-directed solo 401k account?
I have an empower retirement account through my employer in which the employer matches my investment to a certain percentage. Can I convert th...
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My wife just recently formed a corporation in CA and elected S-Corp status with the IRS (via form 2553). I spent time on the phone with the CA FTB and Employment Development Department, and am still struggling to fin...
Hello all,I am currently looking to get pre-approved for a loan to buy a single family house so that I can live in one room and rent out the others to help pay off the mortage and eliminate my living expenses. I have ...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses to keep their employees on the payroll even in the midst of the terrible impacts the businesses...
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I live in a small town of approx. 10,000 people. I have often wondered if it is unwise to grow a large (50 to 100 units) rental portfolio all in the same town. Has anyone ever thought about this, or have any advice on...
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I would appreciate a little advice on this. I just found this site and joined. Its a wealth of info. I have read many posts but still find myself confused on the 401k subject for my situation. I had always consider...
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So I am 64 and getting ready to retire at 66 or 67. We are really interested in Florida. A condo or townhome.
But here's the issue. Our current home is underwater. Sure I made a mistake of buying at the pe...
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California now requires that employers with 5 or more employees have a retirement plan for them. Either use the free CalSavers state plan, or use a private company. We'd like to consider paid plans, because the progra...