Andrew S.
Individual 401k contributions / deduction
Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option. I have a W2 job with a 401k plan and rentals as my side business. I contribute ~$15k and my company...
Luz Pagan
Handy Man and Workers Compensation
Hi BP Friends,Does anyone know if a workers compensation insurance is needed when hiring a handy man to help. I am in the State of FL. Thank you,
Marc Murano
Property Management Business Development
Hi all,
We currently do our own property management for all holdings in-house. We have gotten passed the discovery stage and now would like to expand on that side of the business.
How have you experienced companies ...
Martin Vilarino
Self Employment Tax
Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!
Jackie Badiali
Do I need an Employer Identifcation Number EIN?
We formed an LLC for our real estate investment business. We heard you can get discounts as a business but you need an EIN#. Does anyone know the ins/outs of an EIN# and do we need to have employees in order to get one?
Veronica Mitchell
Nightmare surprise before closing
Hello everyone,
As the title says, we are 3 weeks away from closing and we are in a big dilemma. For background information, I'm a W-2 contract employee who makes 80k+ a year and I have been working at this job sinc...
Mark Vandzura
self manage vs property management company
Hey BP members, Does anyone have any advice on hiring a property manager? I currently manage 16 doors myself, all within a 10 minute drive from each other. (I do everything). I looked into a few property management co...
Matt Morgan
Sellers of my new home did material damage to hardwood floors
Sellers of my new home did material damage to hardwood floors prior to title transfer. They are refusing to pay for the $800 of damage to fix the issue. They damaged the floors shortly after the walk-through and didn'...
Tyler Small
Ratio of Labor Cost to Material Cost
I know overall costs vary widely depending on where you are in the country, but it seems like ratios would stay pretty much the same. I may be incorrect about that, so if I am, please let me know.
I just finished ...
Joe Detlefsen
Release of liability
Hello All! I'm working with a buddy who buys raw land and builds new construction homes on them. A question popped up today and I wanted to come to you guys about it. I tried looking for a form on BiggerPockets which ...