I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number i...

Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...

Just wondering if everyone here has a tax id # or dba, corporation, etc...we currently own a couple of rental properties and we don't have our own company..we just include the income/info on our personal income taxes.

I went to the NYS site and it was straight forward. Awaiting confirmation of name etc.  Says I need to post in 3 newspapers?  Not sure where to go from here?  Thanks

Hello,Long time lurker, first time poster.Short background on me - I've been buying & renting properties for nearly 12 years. I've brought my wife into the mix, and we now have a total of 9 units across 7 properti...

I am looking to purchase a multi family unit and I want to know if it is better to purchase through my business or to personally purchase. Of course when you purchase under a business such as a LLC you remove yourself...

Almost 2 years ago now, I started my 5 year plan to save up to buy my first house. I decided on a strategy that includes cash, stocks, and bonds to allow my money to grow. As my asset of stocks has grown, it has gaine...

Besides making less money, what are some good ways to reduce my income tax bills? I mostly flip & wholesale, so my income is primarily taxed at short term rates. Between state & federal last year my tax bill...

Do we have any underwriters that can help? I have zero mortgages in my personal name, but I have a portfolio loan under my sole owned LLC, in which I'm NOT a personal guarantor. Because I have "ownership interest" ...

Guys, we know that 20% applies to the Qualified Business Income (QBI). Let's ignore service businesses, phaseouts and all other complications. Let's take a wholesaler netting $100k. So, he just gets a $20k below-the-l...