If I own 2 LLC in Texas and one in Oklahoma would it be best to open one umbrella LLC at a bank and list these 3 LLC's under it? I'm looking for protection and to pay less taxes.

Hey everyone!! Bigger pockets has been an awesome resource for me for the last 6 months or so and I think it’s finally time for me to get some real world experience. I’m 25 with ~100k salary before taxes and have a bu...

Hi,I have a good understanding with my handyman. Now I want to hire him as an employee. This guy is amazing and does pretty much everything except electrical/plumbing. What I want to understand is how much will be the...

Let's cover some market data that I have compiled from a few different sources relating to the Durham NC area. 
Durham in the last few years has started to explode. It used to be a market no one wanted to touch due t...

As I grow more educated in the area of personal finance and investing, I am realizing that the $$ sitting in my 401k could be doing much more for me.  I am 36, $140K fully vested in my company 401k.  I do have other s...

Hello BP,I am considering moving to a solid emerging market to fully immerse in the opportunity. Any suggestions?Best Regards,Kody

I am a short-term rental manager and I have been doing everything myself!! Well, except the cleaning.  When we listed our first STR, I was cleaning it myself, but that got old QUICKLY!  Luckily, I found the most amazi...

This year, our management company, which oversees 700+ units in Massachusetts and New Hampshire, spent over $209,000 on attorney fees, primarily related to evictions. It’s gotten me seriously considering bringing an a...

Hello all,

What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).

Would my tax planning differ in each of the t...