Hi fellow BP'ers!  So My husband and I are at the very beginning stages of getting our investing career going!  We just created an LLC to flip and wholesale out of.  We don't need any of the money we will be making fr...

Last year, a woman purchased a Japanese restaurant in Milwaukee, Wisconsin for $840,000. She wanted to renovate the restaurant but was concerned about the construction costs. After doing some research, she realize...

Hi. I'm new to the forum and would like to see if anyone has info on how to shelter income from being taxed? This is a hypothetical question since I have not started the purchase of a multi family unit yet. My tax guy...

I’m curious how others approach paying taxes after selling a flip project...1. Do you pay your taxes to the IRS immediately after acquiring the check from closing? Or, do you put enough aside and pay at the end of the...

I have a decision to make and I am not sure what my best option is.  I would like the opinion of others here on what they would do if they where in my situation.  Here are the factors to the equation.1. I own a house ...

Hi, I'm a 20 year old real estate investor. I have purchased my first property last year and plan on purchasing my second later this year. I'm considering getting my real estate license in order to get 3% off purchase...

Hi,My partner and I are thinking about starting a business in Nevada to save on taxes.We both are California residents - what are the pitfalls and advantages? Getting confusing info on the net. Please advise. Thank yo...

Hello BP community,I am curious to know how many real estate agents form an LLC to receive their commission check from their broker when closing deals?  What are the benefits/disadvantages of owning an LLC compared to...

As a Realtor should you do business through a Corporation or LLC? Im told S-Corps are preferred, but havent got an explanation as to why. Any agents out there set up their own entity for liability or tax purposes?

I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.

I wondered if this...