I am about to begin the process of acquiring investment properties with the intention of using the BRRRR method. Finding financing and deals is not the area where I'm struggling getting started the most, but it's whet...
Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?
Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...
I'm looking for any recommendations for a good CPA/tax pro in the Treasure Valley. I need someone who is well versed in business taxes as they pertain to multiple LLCs and real estate, as well as a good working knowle...
I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Bas...
Hi BP,I have a relative who has a lot of money in a ROTH IRA currently but they would like to help me out to fund another rental property. Would using the ROTH IRA from this relative be an option if they were to conv...
Hi all,So been flipping houses for the last 1.5 yrs and have learned a ton from this forum! Finally looking to house hack a duplex(currently renting) and have a property we like and ready to make an offer. My problem ...
HiI am having a hard time understanding how one should pay himself within a family partnership (LLLP).i have limited understanding in taxation*My accountant advised we have a salary paid by the entity, essentially mak...
Hello BP! First post here. Very new to real estate and looking to learn all shapes and forms as I find my way. Right now, my main goals/pathways are to house hack a duplex complemented by buy and hold properties. I ha...
Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner. Is this a strategy I should use? Will the IRA b...