Greg Tom
Best Tax Advantages for REI with low 6 figure income?
Hello,Wanted advice from BP. I am a big reader over at various 'retire early' sites (Money Mustache, etc.), and have a decently high savings rate after tax. I am trying to maximize my tax savings through real estate...
Sean Dezoysa
Property Manager vs Realtor
As you guys know good PMs are rare and can go bad over time. I wanted to ask what added value that finding and maintaining one, might have over incrementally breaking down their functions to others:
1. Showings and l...
Jasraj Singh
How to earn for my next investment property?
If I buy a long-term rental property and the cash flow i am receiving is average wouldn't it take a lot of time for me to earn enough to buy another rental property? How can i earn enough to buy another investment pro...
Anthony Posey
First Time Post. ROTH IRA, Syndicates, taxes, etc
Greetings Everyone,
Please forgive me if I do not use the accurate terminology as I am very new to investing in real-estate. These questions are likely directed at Tax attorneys or individuals that are savvy with i...
Jeremy Coyle
Earning extra cash
Would it be wise for me to trade in my 2001 Camry that I have no payments on, and get a car that qualifies for Uber in order to earn extra cash for investing? I'm thinking as long as i'm cash flowing by earning more ...
Nick Lee
Is seller finance tax deductible?
Hi Guys,If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?I know you should not count this phantom income and I will not factor this in to anything. Just wonder...
Mylie Na
Do I need to pay self-employment tax on my rental income
Hey, I and my husband both are w2 wage earners. We formed an LLC and have 3 properties under that LLC and earning rental income
My question, do we need to pay a self-employment tax on the rental income? We pay SS and...
Mikkel Williams
Does the wholesaler pay taxes?
Does the wholesaler have to pay taxes. For example if u put a house under contract for $10k more, does taxes come out of that 10k. And do I have to pay the seller before I pay the tax or after?
Steve NA
Has anyone in this Forum EVER had a Trouble
Hi Forum,I am New to the BP Family and I see that everyone on this site appears to be very friendly and willing to share information, unlike a lot of others I've been a part of. Being that I am new and I have read a l...
Angela Smith
I need to learn about capital gains taxes
Hubby and I are putting the finishing touches on our first investment purchase. We bought it to be a rental. However, we have learned from our realtor that we may be able to sell it for more than we realized. Even ...