I had three clients by now who were told by three different IRA/401k custodians that it's too late to set up a 401(k) for 2020. They were WRONG! You still have time, most likely.
Yes, it had been a well-known rule th...

So, I am going to be starting an entity to initial handle Network Consulting Fees, etc and build out to property holding in a couple years. In the meantime, I need to keep the funds out of my personal bank account, et...

As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....

Hi,
I had a quick question about filing state taxes and registering for a Foreign Corporation License (if this is even needed).
I live in NY and registered my LLC as a Sole Proprietorship here in NY however all my r...

Hoping for some of the more experienced REI's could provide some guidance.
My wife and got into investing almost by accident. Her parents needed housing and we wanted to control & subsidize their cost of living t...

I posted this on another BiggerPockets Forum and did not receive any replies...so I will try here:Starting out with a buy and hold real estate strategy...mostly single family or small 2-4 unit multi...currently my (u...

I'm looking to set up a business entity for wholesaling. Should I use an LLC or a c-corp or s-corp. Any recommendations? I've also been looking at using services from either Anderson Advisors or ProVision. Has anyone ...

Two years ago I bought a Condo in Chicago.  The property management company that represents the Condo Association said I could furnish it and rent it monthly as a corporate rental, which I have done.Now they state I m...

Private real estate offers many benefits to individual investors, such as high returns, portfolio diversification and tax efficiency. Institutional investors have long understood the merits of this asset class, and re...

I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...