Hi Im about to open a Solo 401k and am deciding on whether to open it with an LLC or just as a sole proprietorship.I plan to buy real estate with it.  Any thoughts on which is better?  And what if I decide to take out...

Hey Guys What’s Your Thoughts On Starting A S Corp For Rental Properties Is This A Good Idea?

So I have been using local FCU in Norfolk, VA to do my deals (buy and hold).  10% down and rates were 3.25%.  Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program...

Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...

Hello, my income over the last several years has been over $600,000 so I know I need to form an S Corp from a taxation perspective, should have been done long ago! But I believe I need to first become a C-corp or LLC....

What is your opinion on LLC taxed as S-Corp vs. Sole Proprietorship protected with liability insurance?  

Hey everyone!  My name is Alan Matthews and I'm a software engineer at a SaaS company here in Atlanta, GA.  After reading Rich Dad Poor Dad, my entire perspective on finance and earning income changed dramatically.  I...

I created a couple of charts/matrices to illustrate the affect that rapid rise in interest rates had on monthly payments, which in turn affects affordability. I'm guessing many BP visitors don't raalize the real diffe...

Here a quote from a news article dated yesterday. I have apartments in the City of Rochester. It sounds like the tenant retains the right to leave at the end of a lease, but the landlord doesn't have the right to end ...

I hope everyone is and remains healthy and safe during these challenging times....
I'm a first time flipper and I could use some help/advice.  I've spent considerable time trying to get answers on my own but haven'...