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Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
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I posed this question in one of the groups, and wanted to get insight from the BP community as a whole to see what experiences people have had investing with a Solo 401k. Being able to contribute $46,000 to a retireme...
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Hello BP community, So a friend of mine (that is a beginning investor like me) told me about this company called TMM GROUP CA, LLC. He said he paid his $300.00 fee and was provided tons of info via phone for a few hou...
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I am gearing up to set up an entity in the form of an LLC. My question is, when you earn money that is made payable to your LLC, how do you spend it?
You can't commingle funds, so how do you spend the money y...
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I have recently talked to a motivated seller who received a piece of my direct mail. The numbers are tight, however, if I can work with the seller directly and he doesn't have to pay the realtors commission I belie...
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Hey guys! I hope all is well...was hoping to get some help or leads in regards to finding a private lender or some direction on a personal line of credit to extend my reach with my flips. I've flipped properties for 1...
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I am moving out of state. The state I will move to has a 6.5% income tax. I will have a rental unit in my home state of Tennessee. Can I assume the rental income I receive will be taxable in my new state of residen...
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I am engaged to be married, and my fiancé and I have talked about buying a second home with the 10% down and run it as a STR. My question is, if I were to purchase a second home with the 10% down in my own name prior ...
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Hey everyone! I’m new to the REI scene and am in the process of finding my first deal. My current work schedule is 28 days of work and 28 days off. I was wondering if anyone had ideas for side hustles involving real e...
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Hey guys -
I'm looking to pick up a rewards credit card for the business, and was hoping for some recommendations. Which ones do you use and why?