Michael Wang
Tax question for LP passive investments and personal capital gain
Hi guys,
I have a tax related question if any of you guys have personal experience or knowledge.
This year I have invested in several syndication's as an LP (passive investor) at the same time in which I have sold a...
Christina Schwenker
How active is this group?
We are newbies to the investing world and looking for some investors to hook up with in Northern CA, can anyone tell us what kind of activities this group gets involved with? Is the group still active?
Kyle B.
Avoiding Self Employment Taxes
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
Bryan DeSellem
Need help with tax problem
My wife and I are new to real estate investing. We recently bought a duplex and we are currently having it renovated. We will have a fair amount tied up in renovations when we are done, somewhere in the ball park or $...
Terry N.
Accepted offer - response advice?
A seller has accepted our offer but wants to continue to show until inspections complete and contracts are signed. He doesnt want to take himself out of the market in the event that we change our mind or dont perform...
Daniel Pavlenko
Investing while overseas
Hello everyone. Semi-new member here. I've been lurking for the better part of the year. Reading the forums. Listening to podcasts and reading books. I'm in a very peculiar situation. As an active duty service member ...
Scott Hayes
Difficulty Finding Lender for Cash-out Refi during COVID-19
I am at the BRRRR stage in my current rental project. I also have a property that I want to refi and pull out equity.
A lender I have used before has no interest in cash-out right now due to portfolio risk of COVID-...
Bernie Tobin
Series LLC - Michigan
My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
Joseph S.
Unsecured Lines of Credit
What are tour thoughts on getting one or multiple unsecured lines of credit just to have cash readily available if needed? What are your pros and cons? Do you believe interest rates are low enough still to attain those?
Sergio Moratto
LOKING FOR ADVICE.
Good morning BP family,,
I am looking for advice on this new activity for my new purchase: I was approved by a funding company for $250,000 in the following terms: loan balance $ 250.000Inte...