We're in a rust belt city (upstate NY) where home prices are 250-400k, and have done 4 BRRRs, mostly by ourselves. It's time to bring on help for our future projects. Any advice on how to compensate contractors/trades...

For a sole proprietor business with net income around $50-60K, if I like to include one family member(brother) in my solo 401K, what will be best structure to be cost effective and tax efficient?

To form a pa...

Hello Everyone,I just recently closed on a two family house in North Jersey that I bought from Fannie Mae. I sent in all the permits last week for the complete gut rehab I will be doing in this house. Today I received...

The tech bubble bursting was our first strike. It put us "the batter" in a hole.

The real estate bubble gave us "strike 2". Bigger hole.

Strike 3!!!! I think we could be taking the final swing at present. I've d...

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...

I am just beginning my real estate investing career and have a few questions.I am a big fan of vertical integration where I control every part of the business from rehab to management. Recently I read where to be a pr...

So, I just opened up a company and left my 1099 employment and can't seem to find a bank that will give me a loan since my LLC is less than two years old. My main client is my former employer, and I thought that would...

Hello BP community, So I know this is random but I have been reading into owning a laundromat as an easy to run business. It looks as though there is a lot of upside potential and not too many negatives. Aside from th...

Good Morning Biggerpockets family! I have a 3300 sqft 5 bed 2 bath home that I am renting.  I have a business interested in renting the home for their employees to stay in when working in the area.  Can anyone share t...

Do any of you ever require any supplemental information from servers or waitresses to corroborate their income? If so, what else do you ask for? Tax statements?  I know servers can do pretty well making tips however I...