Freeman Schultz
Questions about rental applications
Along with a credit report, I have read that other documents for a rental application should be included. I was wondering what are the ones that are needed with every application? I have heard from one investor that y...
Jered Collins
Just went under contract (Review Deal & Tax Question)
Just went under contract today on a house in Richmond, Va. It's located in the South Richmond District of Richmond, Va. To the facts...4 BR 3 Full Bath2,497 Sq FtTwo story brick traditional Contract Price = $70,000R...
Corwin Hernandez
Vermont CPA Who Invests
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 ...
Alexander Timberlake
Solo 401K Questions for REI
Can someone explain the details of a solo 401k? Points I am curious about:-Can you have a Solo 401k and a corporate 401k if you are still employeed?-Is the Solo 401k the same thing as a self directed IRA? (except for ...
John D.
Can I create a Solo 401K with only rental income?
I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
Christopher Reynolds
Using my 401k to purchase real estate? Who to contact?
Hello everyone! I have a 401k with a company I work for. Although my career used to be with this company, I have started a contracting business in the last few years. However, I am still employed by this company on...
Walt Payne
Little known 401K fact that could save you big tax $$
I read an article on a financial website a few months ago about this, and filed it away as something that I might be able to use in the future. Yesterday I was talking on the phone with someone from this site who know...
Josh Miller
To remain a 1099 contractor or become W2?
Hello,So I am seeking some advice on my employment status. I have recently entered the real estate game after watching on the side lines for many years. My wife and I own now 3 properties and so far it’s been great. A...
Cosette Trantow
FHA loan questions to ask my lender
Hello everyone in BP land, I hope you're well. Part one of my real estate investing plan is to get an FHA loan for a house hack. There's a large speed bump on my road there, however, because my work has not been stabl...
David Baker
Tax implications of a single flip
Hi all, I have read several posts on first flips and taxes but have yet to find the answer. So here goes! My wife and are both employed and in a higher tax bracket. So if I flip a house this year and profit $25k a...