Ryan James
REI in your own personal name, as a Trust. as a LLC, as a S Corp?
Hey everyone, what is your preferred entity for your RE business? in your own personal name, as a Trust. as a LLC, as a S Corp?
Jeremy Pace
Question of tax impact on private lender
My question is this:I know that on a loan is taxed as income. If I'm buying a house (free and clear) from the owner, how is the principal portion of that payment treated (for tax/income purposes) for the LENDER. I'm...
David Roe
Capital Gains question; buying from yourself
This is more of a Tax question, Traditional BRRRR would be Buy, Rehab, Rent, Refinance, Repeat and you have no Capital gains on a Refi but you can only pull out 70-75% of the value of the property LTV. Now, if my wi...
Eric F.
WA -> Idaho Investing - Property & Income Tax Impact?
I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...
Jackie Lange
Examples of Creative Transactioneering
Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
Jason Malabute
improving ROI on cash purchases
How do you improve (increase) your ROI on cash purchases for hold and rent deals ? How about for BRRR?When I'm practicing analyzing deals I find that I CF but my return on cash is not impressive
Alik Levin
Real Estate agent licensed in WA, LLC licensed in another state
Dear all!Looking for clarity on the situation where a Real Estate Agent licensed in one state but reports income as LLC in another state. Key question, does the LLC need to register as a business in the state where Re...
Jonathan R McLaughlin
End this phrase: Whoever came up with the term passive income...
I've always appreciated those who started discussion threads, especially the humorous ones, and with the holidays I actually have a little time. So, finish the phrase "Whoever came up with passive income..." as best y...
Rich Hupper
Employee Vs Self Employed
Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
Gurusubramaniam Sundararaman
How do you get loan for property purchase - With out being employed.
Hi, I moved from CA to NC, and I lost my job. Recently came across a few good within my budget properties and do not want to lose the opportunity to invest and wondering how to go about the loans since I am not employ...