Jeron Crooks
Filing a 1099 on an Willing Contractor
Hi BP,Though this is my first post, I’ve been following the BiggerPockets podcast and blogs since I moved to DC 3 years ago — it has really been inspirational and life changing for me. The power of the voices on this...
Omar Ruiz
Death of Direct Mail...Birth to Digital Marketing (Part II)
About 9 months ago, I created a post on BiggerPockets (for those who are interested, check out the post) around how I was choosing to stop this romance with offline marketing (i.e. direct mail, driving for dollars, do...
Ryan O.
S-Corp Reasonable Salary
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Joshua Dorkin
Stop Paying the Mortgage and Get Bailed Out Too!
Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
Robert C.
What makes you a heavy hitter on BP?
Ok, let me say I'm really asking because I'm bored today with sheltering in place! But I've been for some reason seeing the phrase "heavy hitters" popping up more than I remember on BP, referring to a particular group...
Jimmy C.
Why do we pay higher than taxes than most countries?
I was listening to talk radio today and they discussed corporate tax rates. I was surprised to learn that our country pays some of the highest in Corporate taxes in the World. Of course they were talking about how e...
Rich Weese
What to do? What to do in this case?
There have been a couple long threads lately about inflation, hiperinflation, and deflation. there are also economists, econ grads, students etc posting on these subjects.
My questions are as follows:
1. If you ...
Andrew Jones
6plex under contract. What documentation should I ask from owner?
Hello BP,
Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...
Jonathan Pantages
New Lease Agreement after initial lease expired
We are newbies, so bear with us...In 2018 we moved out of our home in California We rented our house and signed a one year lease with our renters for $1300 a month. The year contract was up in February of 2019, but ...
Brian Bradley
Asset Protection and The Bridge Trust
There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...