Hello BP members,A couple of my family members own a commercial property with a S-Corp.I noticed on their tax returns that they do not pay any salaries nor distributions to shareholders.They told me that their family ...
Hi everyone,I'm not sure in which category to post this question, but I'm about to create an LLC with a friend for real estate investing and am debating whether we should elect to be taxed as an S-corp or not. I've be...
To anyone out there who might have some experience with this or advice. I am a general contractor with over 10 years experience in commercial construction but working on being self employed as a builder/developer of S...
Real estate cash flow vs Physician/Doctor cash flow. How many houses and how much time would it take a real estate investor to get enough cash flow to equal that of a doctor making 300k + benefits a year? I am assumin...
I have been offered a full time position as an auditor but the office I am in does not have any clients within the real estate industry. I am considering looking elsewhere for a job in real estate. I have been conside...
I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?
Hi fellow BPers. I am a real estate newbie having been in the game for almost a year now. I'm currently in the raising capital stage to eventually get into buy and holds. I have been doing this primarily through worki...
Looking for a real estate lawyer recommendations in Massachusetts that knows a bit about private lending, closer to Leominster the better. I am looking to partner with someone who would be managing the project and I w...
Hello! I will be graduating college this upcoming year and moving to Knoxville in summer of 2021. I've been itching to begin my real estate investing to start learning through experience how to make stable passive inc...
Daughter: 26yo and earns >100k/yr and, historically, has rolled her eyes when I mention the phrase "real estate". Me: Old, RE is a side gig, transitioning from hands-on RE investing to minimal-effort cash flow, sel...