Stephen Hoskins
Do you think society would be better with a Land Value Tax?
I'm interested in whether any of you think that your country would be better off if it used a Land Value Tax (LVT) to replace income taxes? The basic idea is the income tax is really terrible because it punishes peopl...
Chase Hoover
Palm Beach County TDT Collection by Airbnb?
Palm Beach County Airbnb-ers: I checked my Airbnb listings this morning and under "Automatic Tax Collection" I now see "Accommodations Tax (Palm Beach)". Before, it only showed "Sales & Use Tax (Florida)" and "S...
Seung Won Lee
Buying a 2nd home and renting out
Hi BiggerPockets community,First of all, we are newbies currently living in LA. My wife and I bought our first property (primary) back in June 2020 in LA.We are now thinking of buying another property as a 2nd home in...
Brendon K.
Was the financing in podcast episode 25 really possible?
The first guy on the show said he earned average for a financial guy in Boston and that he saved up 3.5 percent for a FHA loan on a $383000 triplex. Overall Boston income is around 60k.
I earn a bit more than averag...
Kevin Wasie
Taxes like Donald Trump - Question
According to a recent article published on NYT, over 90% of Americans strongly agree that it is a civic duty to pay your maximum taxes, and many find that trying to dcrease your taxes is unethical.Personally, I want t...
Corwin Hernandez
Vermont CPA Who Invests
I'm looking to get in the real estate game and have a job with a company that has a 401k plan. I'm looking for a CPA in the Vermont area who also invests and can give me advice as how to set up an entity, what entity ...
John E.
S Corp Reasonable Pay
Hey Guys!
This is going to be quick- I promise!
I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...
Dustin Rand
Buying an apt building
After many years of saving I think it's finally time to pull the trigger on a multi family building later this year. But first, I'm hoping to get some help from the smart folks on this website. The apartment buildin...
Joshua Myers
RE professional status and carrying over tax losses
Question for my 2022 and 2023 taxes:I qualify as a Real Estate Professional and I did a cost segregation last year. That led to a qualified business loss of 78k to carry over from 2021. For 2022 tax year I am going to...
Arty Fresh
question about a business
I have a question about this quote that rich dad poor dad, Robert Kiyosaki stresses on, ""One method that really helped me enhance my control in making money came from creating a corporation. A corporation can do many...