I'm wondering, with all the tax benefits to REI, what is everyone seeing as their annual tax responsibility? I know everyone will have something different, but I'm currently a W2 employee paying high tax and am trying...
Finally the day has come that our product is on tv. Now that our proof of concept is nearly complete and Austin is getting exposure, the million dollar question... How to make money?
You see, I have been dabbling in...
Finally the day has come that our product is on tv. Now that our proof of concept is nearly complete and Austin is getting exposure, the million dollar question... How to make money?
You see, I have been dabbling in...
Hey local BP members,Random question, but I am a part time real estate investor (last 4 years) who works for the government that is jumping ship and becoming a full time REI in the winter/spring. I've had the luxury o...
With more and more companies moving towards remote employees and eCommerce stores, how will commercial property owners pivot as vacancies rates increase nationwide?(Obviously WeWork is not the solution)
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
My wife and I are interns and not W-2 employees. It is paid but it is the company paying our living expenses. We are frugal and are still saving money. We will be doing this for at least another year. When we move bac...
Greetings BP Fam,Hope everyone is having an excellent 2023 at the mid point.I am now at over 130 value-added units and running around like a crazy person. Our properties are 3rd party managed, but I still handle all t...
Hey Biggerpockets,
I haven't written a blog in a week because I had one of my toughest weeks as an investor. I had the following 3 things happening at the same time:
1) Furnace went out in one of my properties (almo...
I have been asked about my comments of buying condemned houses. I thought I would put an example up of a real deal. House Bought for 8k (actually overpaid but like this neighborhood, and overall numbers worked)Rehab 1...