Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...
Thanks Theo Hicks for this amazing blog post.
In our recent interview with @Slocomb Reed and Phil, we looked at the importance of real estate investing and tax planning. If you use tax mitigation techniques like cost...
Hey Good People! My wife has a profitable small business and we haven't bought a investment yet (soon). When do we need to get a CPA? Shes a bookkeeper and has a S-corp already but we pay too much in tax. Thanks for y...
This is an attempt at a non-technical explanation. I intentionally use rounded percentages and simplified formulas, making the numbers incorrect. The purpose is to merely illustrate the idea as simple as possible. Als...
I had been reading an article on marketwatch (https://www.marketwatch.com/st...), the part that stood out to me were the possible changes related to real estate that may be put into place. - eliminate the $25,000 exem...
I have a conventional mortgage application currently in progress. I submitted my W2s from multiple jobs for the last 24 months to be used for the application. Upon review of the W2s, UnderWriting is saying I can't use...
Hey everybody, I’m working on my first deal with is a house flip and I’m wondering if I’d be better off keeping it a year due to tax implications. To the people that have done flips out there...don’t I have to pay sel...
My wife and I are finally getting started with rental properties after months of research and a lot of property hunting. We're going into contract on two duplexes, with one in her name, and one in mine, for financing ...