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I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...
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I am planning to buy some properties (both rental ready and distressed) in the St Louis and Independence area. Looking for contractors to work on some of the distressed properties I am looking to buy. Most of the prop...
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I am new to investing (focused just on flipping right now)and have never run a small business. Through books I've read recommended on Bigger Pockets and researching, I know that you need to have independent contractor...
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On page 6 of the 'SMALL BUSINESS ADMINISTRATION [Docket No. SBA-2020-0015] 13 CFR Part 120 Business Loan Program Temporary Changes; Paycheck Protection Program RIN 3245-AH34'Under the question 2. What do Borrowers nee...
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So we got a worker's comp audit for our property management co. We employ 2.5 people. As most other STR owners and Property managers do, we contract out for housekeeping. It is almost always folks (primarily women)...
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Hello, we have a new project manager on board and I am just wondering if I should have a Contract between him and I in case something happens to him on the Job. For example, he is on the construction site and gets hu...
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I have read here on BP that solo 401K's are only applicable to small business owners who have no full time employees. What if your business only hires independent contractors/freelancers? Can that business still open ...
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I’m considering hiring a comission only employee and wanted feedback from anyone else who has done this? What type of pay structure did you set up? How difficult was it to find someone? Any other details would be g...
Hello all. I live in Texas and am a newbie in the real estate investment business.
I formed an LLC to put all the investment properties under. I have my first foreclosure under contract and close on it next week.
I ...
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Hello BP Nation! I need some advice. I plan to hire some college kids for general labor on a farm we own. The work will involve use of chainsaws, tractor, ladders, etc. I am worried about what happens if one of th...