I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...

Hi BP!First post here.  I'm a long time lurker.  This community is really cool.  My background... I grew up in Gainesville, FL.  I worked my way through college and realized with my income I could buy a house.  I boug...

Hello BP, I would like to celebrate and share my thoughts after 1000 posts and 200 votes, I have gained a lot of experience in looking inside an investor's mind, a knowledge that never occurred to me. It opened me to ...

Everyone is always asking what is best area to invest in . Long term, I have the answer for all to see. How do I scan and send a photo? Thanks. Non-techie Rich in FL.

Hi All!New to the forum and the note investing world..I'm looking into building my excel template for analyzing IRRs of performing (1'st lien) note investments Can you please elaborate on the costs associated with buy...

Hi friends!Trying to assess when it's time for us to set up family trusts/new LLCs/registered agents etc...obviously it's a big cost, but makes total sense. So far, we've pieced along different elements of this (diffe...

I’ve been looking into difference between Title and a Deed and below are a few notes. Please let me know if something look incorrect or if left out important details. Thanks.A deed is actual piece of paper that record...

Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...

Hello everyone,
I just about to form an LLC in TX to do property wholesale, and I was wondering if I need to get an EIN number from the IRS for the business.
Is this kind of business taxable and I will need to file ...

Hello, I have a question of what is the best financial strategy. 
In Jan 2024 I will have $17k in savings. And I can use it to pay off $14k in Sallie Mae loan. I have more loans than that, but this one is the highest...