I worked as an acquisitions manager for a big real estate wholesaler. We did 10-20 deals every single month, like clockwork. Profits were $10k-$20k per deal. I was responsible for at least half of those deals.I had t...
Hello BP community, I am in the works of buying my first investment property (owner-occupied house-hack). I just talked to my first mortgage broker and he is wanting me to set up an LLC so that he can have the docs in...
If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
I'm a newbie, looking to invest in real estate, I wanted to move a portion of my 401k with my current employer to a SDIRA, Solo 401k, Roth IRA, Someone replied to a earier discussion that it's notpermitted ?? is this...
I recently started my real estate investing adventure and, like most people, one of the challenges you encounter early on is financing. I'm not quite at the stage where I want to bring on investors, so I am relying o...
Hello,I'm interested in partnering on a deal with 3 individuals. In order to do this should we all create an LLC together for this one deal? Or will our individual businesses protect us? (One person is not protected b...
I was wondering what was recommended as the preferred company set up for a rehabber. I do not have any partners, plan to rehab primarily and am located in Orlando, Florida (no state tax). I've asked an attorney and ...
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
Hi,Looking for advice (dos/don'ts) around investing from a Selfdirected IRA into a RE private LLC that is leveraged.It would be great to hear from folks who have done above mentioned investments and their experiences ...
Looking for recommendations to a CPA that is real estate investor savvy and friendly. Want to figure out the best ways to give myself a tax shelter from any self-employed income I receive. Anyone know someone good?