Babak Jamali
Household Employer Rules - Do I need to W2?
Hello all,I'm trying to figure out if as a homeowner (not a business/self-employed) I would have to 1099 or W2 someone who helps me rehab my primary residence. That someone would not be a contractor or family member, ...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Michael Plaks
PPP rules for partnerships reversed on April 14
Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
Kyle Koppenheffer
Using a Self-Directed IRA Account to Invest in Real Estate
Hey BP! I've recently switched jobs which has given my previous IRA account the ability to transfer banks. While researching REI, I've come across the idea of using a self-directed IRA account to invest in real estate...
Kevin Eldridge
Feedback on Commercial Multi (7 unit 2 store) out of state
Hi all,I'm still scouting for my first deal, and I came across a commercial multifamily (7 units + 2 stores) that is out of state (NY, I'm in CA) that looks promising.The basic numbers are:Asking price: 300kCurrently...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Josh Malenfant
Managing General Contractors
HelloI have found that many individuals have had issues with General Contractors whether it is a simple reno for retail buyer, to a full on project for an investor. I have heard several horror stories and wonder if th...
Rob Murden
Is it still a good idea to buy in Nashville for an Investment
Hello! I've live in Nashville for the past 10 years and have got to witness the real estate market get out of control. People are still moving to Nashville at high rate and I was wondering if anybody here is from Nash...
Mitch Foster
W2 to Self Employment: Creative Financing Options
Hey Bigger Pockets, back in April I switched from a W2 job I had for 5 years to self employment. I've talked to about 30 lenders and get the typical response of "you need 2 years of verifiable self employment income"....
Alex Waite
FHA Loan Qualifications
Hello, This is my first time posting in the forums. However, I have been researching methods, listening to podcasts and reading articles here on BiggerPockets. I am a recent college graduate with little capital and lo...