Hello Bigger pockets family I just purchased my first rental property and I am now preparing the lease agreement, but I have a slight situation in my hands and your help! Do I include the solar panels payment on the r...
Hi guys,How do you calculate your tax bracket for when you retire?Can you please correct me if I am wrong:Lets say you have 10 paid off houses that each bring you 1k so total you have 10K per month. Plus lets say you ...
Hi Everyone,I live in Ontario, Canada and my mother owns 50% equity the house we are currently living in (valued at ~$800k a couple years ago), and the other 50% is owned by extended family members. My mother is the o...
I need a business structure to reduce the SE tax and S-Corp income tax.
Can I invest capital in a development LLC as PASSIVE partner together with all other passive partners, then have my LLC S-corp as manager - I'm ...
Hello All,
Anyone familiar with https://www.irafinancialgroup....
I'm looking to transfer existing 401K from previos employer into a solo 401K. Seems like there are several companies that perform this service, and ...
Hey All,Is someone able to highlight the main differences or challenges between financing an investment property with a conventional loan with W-2 income vs non W-2? My wife owns her own business but is technically a...
Hi,
Newbie here interested in creating an LLC and finding an accountant familiar with real estate investing.
Any help would be much appreciated, thanks!Mike
I'm interested in helping my employees move to an area with high living costs. I'm willing to subsidize their rent, but I feel like a better model might be to share in the benefits of property ownership--I'll cover th...
I’m looking to do a flip soon and I’m going to do a good amount of the work myself. I have an established handyman business and a separate REI LLC. I would like to account for the labor I will be putting in. So my que...
I would like to sell a single property and buy several SFR's1. Can you sell one to buy many? What are the complications with this?2. Can you buy from wholesalers with the 1031? Any issues?3. Can I include the rehab co...