![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1219139/small_1621510335-avatar-tony_duong207.jpg?twic=v1/output=image&v=2)
I’m curious how others approach paying taxes after selling a flip project...1. Do you pay your taxes to the IRS immediately after acquiring the check from closing? Or, do you put enough aside and pay at the end of the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2878825/small_1700439009-avatar-samb475.jpg?twic=v1/output=image&v=2)
Hi everyone. My partner and myself are corporate slaves, we work long hours in stressful jobs. We live frugally and our personal expenses are $1500 a month combined excluding rent. Our monthly income after tax is $100...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1920649/small_1625266494-avatar-kobem4.jpg?twic=v1/output=image&v=2)
Hello BP Community,
I’ve got a multi million dollar house on the river listed in my investing area. We are a huge farming and now wedding venue town. What would you do with something like this? If bought at list pric...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1533771/small_1621513292-avatar-cassh2.jpg?twic=v1/output=image&v=2)
Anyone have experience designating your LLC (RE rental income/loss) as a qualified joint venture? I am interested in reading all pros and cons of QJV vs. S-Corp, apart from level of complexity of tax returns. Accounta...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/954915/small_1694668440-avatar-meldeine.jpg?twic=v1/output=image&v=2)
I plan on setting up an LLC for my real estate business. My initial priories will be in Las Vegas but I love in California.
For tax purposes I thinking I should register my LLC in Nevada.
Can anyone give me some ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/74341/small_1621414922-avatar-growmypocket.jpg?twic=v1/output=image&v=2)
Questions Re Commercial Lease on STL-Gross So Cal and on AIREA FormsHello,I'd like to ask about a Single Tenant Lease – Gross and some questions related to change in tenants.I currently own a free standing building in...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/23544/small_1621362385-avatar-thcarpen.jpg?twic=v1/output=image&v=2)
I went onto my secretary of state website and looked at forming an LLC and it was $600. Is this about normal? Are there any sites you have had that you would recommend to be better or cheaper?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164481/small_1621420599-avatar-thebeachbum25.jpg?twic=v1/output=image&v=2)
Hey there BP Nation,I have scoured the forums for an answer to this question, and I have left more confused than when I started.How does DTI ratio work when you own some homes under your name and some in an LLC?My sit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/94015/small_1621416720-avatar-dvrei.jpg?twic=v1/output=image&v=2)
Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/529885/small_1621482009-avatar-chromeseekerdan.jpg?twic=v1/output=image&v=2)
Hey Guys,So I have been working for myself and other the past 10 years. I make 95% of my money during the summer. I am either 1099 by people or get paid cash under the table which I put towards my business. I also hav...