I am an RN here in Texas and the more I have learned about Residential Assisted Living, the more I have become interested in pursuing that area of business and real estate. I know there is obviously money to be made i...

My goal is to calculate how much of my W-2 income I've replaced so far with my real estate efforts. I've set up an Excel tracker to assess this and I'd like your validation of my approach. I'm already 5 buy-and-hold m...

Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!

Hi All,Have a friend who’s mom had a stroke and has been in care for the last appx 2 years. She has a duplex, one unit was owner occupied until her stroke; other had been rented until the same timeframe. Both units ar...

My grandmother moved into a retirement home type facility a little over a year ago and her house has been sitting empty since while she still pays the mortgage on it. Recently it has been brought to my attention that ...

Hello all,

Thanks in advance for any replies.

I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...

I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.

This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...

I’m wondering how people get healthcare after they quit their jobs and start investing. I know there is individual plans but they are very expensive. It’s usually best to get healthcare through employer. Does anyone h...

I found an absentee owner property today while driving for dollars. I managed to make contact with one of the owners and its complicated. In a nutshell: mom signs a beneficiary deed in 1995 listing her 3 kidsmom signs...

If bank is primary lender on a mortgage and forecloses and property also has a second line of credit securing the property as second in line, do those secondary obligations attach to the buyer of the property at a for...