So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...

I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...

If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...

Well, not entirely, but you can shield more of it.

I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.

Let's say you make X a year. You ...

My mom and uncle inherited family property when my grandmother died 10 years ago. My uncle has lived on the land his whole life including after inheriting--it's his primary residence. The land is comprised of a few ho...

My brother & I have been talking about getting into real estate investing for about a year now. We have listen to a lot of BP podcast and have come to realize getting rich quick isn't going to happen. While talkin...

Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...

Hello everyone, this is my first post on the forum, but I have been reading an learning from many people on this site for quite some time.

So im tired of giving the IRS all of my income, and I have been reading about...

Hi everyone, We've been thinking through the best way to save for kids college.  We have two kids and have been maxing out our state's 529 plan.  Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...