Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...
Real estate investing has become increasingly popular in recent years. One of the reasons for this is the ability to generate passive income. Passive income streams are a great way to create long-term wealth with mini...
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Hey BP members,So I have always been a big picture person and always prioritize maximizing earnings over savings. I find myself fearing getting caught up in extreme couponing, and spending on items just because they a...
What's up everyone. I have been lurking around for while and I have a question I can't find the answer to.Lets say I am renting out a home for $1,000 a month and I am setting aside 25% (lumped CapEx, Maintenance, Vac...
Hi guys,I'm new to this game, just wondering what kind of ROI you look for when buying a rental property. Is anyone familiar with Canadian markets? I live in Montreal Canada.Thanks,Carlo
Does anyone know if I can use income from SSDI and a private LTD policy to fund either a self directed IRA or a Solo IRA?
My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...
Looking to go into business with two other fellas. What would be the best way to go about doing this? Start an LLC???