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Hey guys. You may have seen my new member post but if you haven't my name is kenny and i'm 16 years old. I am posting my investing plan below and was wondering what you all think of my goals, how feasible they are,...
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Hello BP Community. We're still getting our feet wet here and on sound financial ground to shift into real estate investing (someday I'll post in the newbies forum (I'm still considering myself a newbie). But I had ...
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I understand questions like this allow for a broad range of answers. I will try my best to phrase the questions around my particular situation in order to receive more acute answers pertaining to my situation.
I cu...
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So, I'm sure that this is going to reveal my "newb-ness" but I'm told there are no stupid questions. I thought we're in the trust nest, are we not?
As far as I know, in CA you must live in a purchase as your ...
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I’m a realtor that manages the 6 units that we own as rentals. I’ve been doing this for 7 years. Our accountant has never said until now that I need to have real estate commissions to make our write offs more legit if...
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Hi all,
I apologize if I didn't post in the right forum.
Parents are in a pickle. In a Ch 13 which will be discharged upon close of escrow, leaving them with only $70K. Dad's score is around 590. Dad is 72 and mo...
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I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
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New here, hi! This is my second home purchase, would be my first flip.
I own my first home free and clear, it’s a 1000sqft 1950s 2/2 cottage I bought w cash from Medicare in 2014 for $18k and put only about $2k into ...
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Looking for a CPA or accountants advice about the tax implications of fixing and flipping a single family home. When I resell the home do I just pay standard income tax or do I pay capital gains tax as well? Can I ded...
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Yo… Flippin Ain’t Easy:Flipping is one of the first things people think of when they consider getting into real estate investing- “flipping” being the process of buying a house for below market price, fixing it up and...