Jeremy D.
Purchasing First Property in Upstate NY
Hello,I am going to be purchasing my first rental property shortly and am very excited to get started but want to set everything up correctly right from the start. I have a few properties in my sights. There is some...
Brandon Turner
Self Employment Tax on Rental Income held in an LLC?
Any tax pro's out there?
If I own a LLC that owns an apartment building, do I have to pay self employment taxes on the cashflow each month? I know normally passive income does not get taxed with self employment, but...
Lee Ali
The Fallacy of the Necessity of Down Payment.
Banks have led a great many people to believe that the mortgage mess exists because too many loans were given at or around 100% LTV.
That is hogwash spread by banks because the...
Devon Garbus
Has anyone ever invested in Restaurants?
Just curious. I was wondering how restaurants decided what areas to move to and how. And specifically how to attract restauranteurs (even chain ones) into an area.
Chris Kirkman
Best state for holding LLC for taxes?
My wife and I have the strategy of owning investment properties under LLCs formed in the state each property is within and want to place all these LLCs within the ownership of one holding LLC. We live in California i...
Michael L.
BRRR Strategy - Refinance Question
Hey there BP community,I'm getting ready to tie up a house in phoenix with hard money and i'm having some issues with the refinance part.Here's the deal:Purchase price: 90kARV: 135KRehab costs: 5kThe issues that i'm c...
Chris Gossett
Thoughts? Mixed Use Commercial Property Conundrum...
True to my nature, I tend to swing for the fences and have hit several deals out of the park, while also striking out on others. I’m new to Bigger Pockets and it’s really given me some insight into many different inve...
Steve Christensen
Entity Set Up and Taxation Questions
I am sure this question has been asked numerous times on here, and I have read many forum posts. However, it seems like many of the answers come down to "what are you personally trying to do / what are your goals?" So...
Patty Nisbet
Mid term renting question
We bought a house in March with the intentions to rent our basment for Short term. We did and it was decent! November and December took a nose dive. We get most bookings on Airbnb. Not many at all on VRBO. Anyway I am...
William Ellis
Incorporate Or Not To Incorporate
I am new to Bigger Pockets so this is my first post.My wife and I are looking to get into property investing and I am currently in the process of getting my real estate license while working a regular full time job.I ...