Hey guys, I'm a young investor and I currently have about 95% of my savings in my 401k. I no longer work for the employer I had the 401k with (if that even makes a difference, I don't know). But I really want to get s...
Can my IRA or 401k buy and sell cars and toys?
Sorry for the long post but I thought this was an interesting email conversation...
...which ensued when I began discussing with my CPA about future expansion and what I ultimately want to do with regards to real est...
Hi everyone. I am wondering if one were to decide to start private money lending, what entity would be the most tax-advantaged? Or put it more simply, if there are any private lenders out there, what entity do you u...
Hello everyone,what's your take on creating an Inc (S-corp) as the management company for long term real estate and having separate passthrough LLC's for the actual properties that your buying ? (or should the managem...
Do we need to issue 1099 form to Independent Contractors which were not not licensed contractor for payments done ?What about General Licensed Contractor who gave us invoice for work and we paid for invoice? Do we n...
Good day Bp fam .... hope everyone is staying safe . I wanted to get a lil input on business entity’s . How important are they ? Do you really only need an llc? I hear if you setup the wrong type of Corp you could end...
So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now...
I'm thinking about moving in a few years. I would like to sell a couple of my investment properties and 1031 into a new house. I would in turn rent this house out for a minimum of one year and a day at market rates ...
Hey everyone,
I had a couple of quick questions concerning whether or not I should seek an accountants advice. In the past couple of months I started work as a real estate agent and am also wanting to start investing...