Anthony R.
Beating the tax man (or woman)
So currently, I am 29 and for all intents and purposes, half of my income is from rentals. Also, the income from my rentals cover all expenses. This means that what I make working is mine for savings, other investment...
Zachary Dosch
Abolishing Property Taxes
In North Dakota, there is a measure that is trying to abolish property taxes and I was just curious as to what everybody's thoughts are regarding this topic.
Im against against it because its a very poorly worded me...
Levi K.
Down Payment - Rollover IRA or HELOC
Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...
Aaron Britt
"WHO" pays "what" when dealing with Hard Money Lenders?
When dealing with hard money lenders;My questions are -While making monthly payments to your hard money lenders;1) Do you still pay insurance and taxes? If so to whom?2) If using an agent, is their commission paid out...
Evan Williams
Rental property, self-employed, tax
Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property?
Susan K.
Paying taxes on Flips is it worth it as a business?
If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
Eric B.
Is Tax Sale Resources a Good Choice?
So far so good as I have been getting the ball rolling, having bought over a half dozen tax liens so far, and doing thorough research on properties has become more natural with every new lien.But now I must ask: does ...
Chris Collins
Return OF capital vs Return ON capital? (Syndication LP Investor)
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Gary Cornwell
Newby Accounting question
Please for give the newbie question, and if the answer has already been posted, please just reply with a link to that thread if you would, please.
I own a small business (LLC with 35 employees) currently, and it has...