We just set up our LLC in Illinois to flip houses.  I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership.  I'm all for S-corp except for the requirement ...

I am new to BP, and have spent hours combing thorough the forums...  it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home.  I have learn...

Hi everyone! My husband is in the midst of switching jobs. We are looking to rollover his 401K into an account we can use to invest in real estate. We requested an appointment with our accountant to discuss things fur...

Hello Tax experts!  I have a question.  (and I know nothing about RE taxes)I'm sure most people have heard the latest headline about D. Trump and his (almost) a billion dollar loss that (presumably) he carried forward...

Hey all, 
My name is Brian and I'm beyond excited to start my journey with the BiggerPockets community! My interest for real estate has grown immensely these past few months. The BiggerPockets podcast and books have ...

Recently moved to Seattle to take a job that I love. I work full time with no intention to quit, but working towards financial freedom. Currently I'm renting on East side and just sold my old house on east coast. I'm ...

what are your thoughts on the 15.00 hr minimum wage increase how will it affect your business positive or negative thanks for the responses 

Happy Thurday everyone!  I've got a few questions about HML and conventional mortgages that i was hoping you guys could help me out with.  -How is someone able to qualify for a traditional mortgage if they quit their ...

Hi all. I want to get some opinions on how I've been purchasing properties. I appreciate any help. 
I have a full time self employed business that does well. That business helps us make the down payments on conventio...

hi everyone,looking into getting into my first rental in the Tulsa area and wanted to see if you guys had any recommendations for the following:- mortgage lenders- house inspection companies- CPA's- real estate attorn...