I've seen a lot of excellent threads on the site about business formation and taxes. I was hesitant to post on them because most of the recommendations say, "it depends on the particular situation."I am posting the fo...

Has anyone hired a contractor for flip and as part of the pay give them a percentage of the profit. This would incentive timeliness and good work. Thoughts?

Hi everyone!  I'm looking to invest in multiple states.  Although all are within a 2-3 hr driving distance, I'd like to hire a project manager to oversee repairs on a daily basis if the job requires it. Does anyone us...

Hey BP! I've certainly learnt a lot in my time of occasionally reading posts in here. About me: 27/M, DFW area TX,Salary ~ 50k gross Rent + Utilities ~ 25% of salary (shared house).Car ~ 10% of salary (9k owed and 3 y...

I would like  to start a solo401k, I had someone draw up a structure. This structure would be A C-Corp holding company with two hard money lending LLCs ( passive income disregarded entity) paying the C-corp fees to ru...

I'm so confused. I watched so many you tube videos but still I haven't gotten the answer.  Is there any specific book that would answer the following questions?
1. How does investors use leverage to buy rental proper...

So I'm not sure how this is going to turn out but we have a property under contract to close at the end of the month that is a 10 unit and an 8 unit a block from each other in a small town (3,400) and the seller was s...

I'm a first time buyer and am going through a stage of extreme indecisiveness now. I made an offer on a 3 bedroom in Brooklyn, and it was subsequently accepted - the offer was about 10% below an already lowered asking...

Hello,

Just wanted to ask this to make sure I understand the tax ramifications correctly before venturing into a buy, fix, sell property.

If I owned the property and sold it in under a year, lets say...

Hi there. This is my first post on this site and I would appreciate any insight people have to offe. I am in the middle of finalizing a purchase agreement for a 4-unit investment property $185K. I already qualified fo...