Christopher Morin
Tenant wants to give 15 months rent UP FRONT
Yep, 15 months. She's not a drug dealer, but she is receiving a very large divorce settlement, has no income, will be going to nursing school. She is worried that without income she'll have a hard time getting appro...
Nicholas Kania
Guidance on Forming a Real Estate Business: Partnership, Tax Strategies, Accounting
Hello Bigger Pockets Community,
I hope everyone is doing well. I’m reaching out to this knowledgeable community for some guidance as my partner and I embark on our real estate investment journey.
Our Situation:
Par...
William S.
Turnkey with high cashflow in great area... Not sure about that.
Hello All,I'm just getting started in investing and have been reading several financial blogs lately... They all seem to be jumping for joy on their cashflow property that is bringing in $300/m net that cost them arou...
John Fairchild
Kansas City earnings tax?
If I have a LLC and use a property management company for my rentals am I subject to the 1% earnings tax? Or is that considered a “hands off” activity and not taxable? Thanks!
Tino Julian
LLC - Disregarded Entity vs. Corp. or S-Corp.
Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
Brendan Prendergast
real estate investing for high income earner?
hello all. first post here. I am interested in getting into the real estate investing world and have a few introductory questions. Unlike many of you, I have no interest in doing this full time (at least not until ...
Andrey Y.
Significant Net "Losses" on Taxes despite Positive Cash Flow
I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
Turo Tales
Made $150K on our first property. Now what?
My wife and I purchased our first property in 2013 and just closed on the sale after renting it out for 4 years. We made $170,000 on the sale of the house. We want to invest most of it in real estate. I'm an Apache He...
Christopher Perez
What to do when the Bears come calling? CRE Of course!
Stock market investors are often so focused on growth that many do not realize how the leverage, cash flow, and tax-deferral of real estate investing can combine to produce potent returns. And when mixed with the powe...
Aaron Parker
Financing while using SDIRA funds as down payment
I'm trying to figure out how to ask this--I feel like I have 3 pieces of a 500 piece puzzle.
What I have:
-Self Directed Traditional IRA which has sufficient funds for a down payment for a property, but not for an o...