My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:https://www....

Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...

Dear BP freinds we are now facing a tough situation of collecting rent. One tenant has been paying rent via auto pay on a platform we have agreed on.  Somehow this month's rent first got deposited into our account and...

Hey BP,First off, I love California, great place to visit(I've done so several times and will do so again) and although its expensive as ever, I'm sure just as great of a place to live. I was trying to find a Subject ...

I don’t know where to start! For the past few months i have been educating myself on buy and hold properties. There is so much controversy on whether buying single family rentals is better than multi family, vice vers...

Hi Everyone! I'm currently renting out my home in Pensacola on Airbnb, and its going very well so far. I'm moving to San Diego this Fall and I plan on purchasing a home there to list on Airbnb. I'll be traveling for w...

I am flipping my first house now, but if we don’t get the price we want we plan to rent it out. What considerations do you all go through to decide if your investment is a flip or rent? I know one consideration will...

THE DEADLINE IS JANUARY 31!
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:
It will allow you to deduct their earnings on your own tax return.It is require...