Hello everybody this is my first post on the BP forums. I started a business during my last year in college of which I just graduated this past December. I am needing a ~300k loan to invest in a Duplex in order to ren...
Sorry if this question has been asked but I couldn't find a clear answer in what I've read. I have enough to buy and rehab my first house but I am worried about getting the financing when I'm done. I have a lot of wri...
If I claim 199A for my 4 properties, and claim them as a 'trade or biz' only for 199A purposes. Do I now owe Self Employment Tax on my net rental income (which was passive for me in the past)? I have seen both sides...
I'm self employed & own a 17 acre tract of land (paid for) that also has a 2br/2ba modular home I rent out. I want to (hopefully) take out a refinance on this property to build a house. I will have no other debt &...
hi all. I’m from San Jose, CA. Have a question. I have 3 401ks from my previous jobs. I currently have a new employer and I am contributing to the their 401k. I’m planning to buy another real estate investment next y...
Do you need to pay self employment tax on rental income if you do jot have a W2 job? I've gotten conflicting guidance on this.
I am looking to fill my first rental! I have a potential tenant that has been self-employed for the past few years. She claims $4,000 monthly income. How would I verify that? Am I allowed to ask for tax returns, bank ...
I'm looking for other financing options to tap home equity. We were rejected on a conventional cash out note (with our current lender we've had for 10 yrs) for not having enough net income, due to our being self-empl...
Hello! Thank you to anyone who takes the time to read, respond and offer some helpful advice! My fiance and I are newbies at real estate investing. We started small by purchasing a duplex for 55K last summer with an F...
I been in car sales since 2011, started working for my brother in his used car lot , then on 2016 to present day i became self employed, still in the car sales field, buy vehicles at dealer auctions(using a DL license...