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Hi Everyone.I'm trying to put together my first five year plan for investing. My goal is to generate enough passive income within five years to be able to cover my expenses. Or get out of the rat race as Robert Kiyos...
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Hi there Wholesale Investors!,My wife and I, both architects by day, are taking a deep dive into wholesaling and are aiming to start pursuing deals this July. We will be aggressively pursuing single and multi-family p...
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Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...
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I'm looking to get in the real estate game and have a job with a company that has a 401k plan. I'm looking for a CPA in the Vermont area who also invests and can give me advice as how to set up an entity, what entity ...
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Hello, I listened to a BP podcast tonight (show 162) with @AmandaHan about tax strategies for saavy real estate investors. The more I learn, the more questions I have! This question is regarding self-directed IRAs (SD...
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Do you know if it is possible to have a tax deduction for interest/profits earned on promissory notes/PML? Like a K1. A Trust is in place. Thanks!
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Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?
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Quick question for a savvy CPA:
If I own property in a state like Indiana or Tennessee with an LLC formed in FL, am I liable for state income tax in Indiana or Tennessee for the income generated through renting the p...
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I came across BiggerPockets on Podcast and have not looked back since. I am a big believer in making passive income and had real estate on the back of my mind, however like everyone else I was not sure how to get star...