Chris Lynch
How much can successful wholesalers make?
After reading and listening to some videos by jay Morrison it sounds like wholesaling can be a lucrative business, if not anything more a great hands on learning experience. However Is is scale-able ? and how much do ...
Michael Dunn
Using a VA Loan while Owning 2 Rental Properties ......
Good Evening,I was hoping other members could please help me in answering, and shed some light on my following 2 Questions/Scenarios .......1. How soon after I buy an Investment Property, will I be able to SHOW the R...
Account Closed
What assets can be included for becoming an accredited investor?
Would anyone know if there's a list of items that can be included for assessing your net worth for becoming an accredited investor, SPECIFICALLY how life insurance policies, pension funds, might be handled, if at all?...
Brennan MarLett
What are the tax benefits of owning rental property?
Ex. Owner occupied duplex in Sacramento. please speak English...thanks!
Garrett Terrell
Taxes, LLC, S-Corp, Payroll HELP
Ok so we just sat down with our CPA and we are going to be absolutely pummeled with taxes for the 2020 year.. Anybody have a strategies for payroll, tax strategies for rental properties, capital gains on flips, tax st...
Nicholas R.
Owner occupied, managed, single member LLC owned -- do I pay myself?
Hi everyone, I'm a long time reader yet this is my first posting in these wonderful forums.In the scenario of a single member LLC owed, owner occupied and self-managed multifamily building, is it best practice to be p...
Champ Leong
Credit Cards are an investment???? lol
Credit cards are an "investment"? EMPHATICALLY, YES! This literally just occurred to me in the shower. I pay off all my balances each month. I earn up to 5% cash back on my credit cards. THIS IS A STREAM OF INCOME. I'...
Andrew B.
New OOS Investor Need Tax Help
Hey BP! I'm working toward an out of state investment property purchase within the next 2-3 months. My question is how do I avoid double taxation on income earned from out of state properties? Any assistance is app...
Gordon Starr
Should I hire my own kids to work for me?
Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...
Elana Greer
Cash Flow- what to do with it?
Would love some thoughts on the following. Our two rentals cash flow about $300 a month each. We don’t need that annual income for other investments, meaning we have other capital. So is it best to bank that money reg...