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Fellow BPers,My business partner and I have dedicated 2015 to getting our business out of the planning stage and into the action stage, hoping to complete our first fix & flip deal by the end of the year. As part...
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Hey everyone!I'm compiling some research for a report, blog post, and possibly a book.If you suddenly had an extra $250,000 in cash, how would you use/allocate it in your real estate investing business?(assume you cou...
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Can an s-corp owner /employee /officer claim an amount attributable to his own labor on a flip to help bring down the taxable profit?
For instance, if he did a portion of the work - perhaps the tile, some paintin...
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http://www.10news.com/news/san-diegans-can-buy-hom...Joseph Lai, Wells Fargo's San Diego home mortgage manager, said the new program allows people who don't have much in savings but with incomes to afford the monthly ...
Does anyone have any good recommendations for investor-friendly CPAs in the Hartford county area? It's that time of year and my last CPA is not comfortable doing anything besides personal tax returns. I have seen so...
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Anyone familar with listing an Airbnb listing in last few months? Are there additional primary residence requirements such as homeowners exemption required, or anyone know if this is coming down the line?
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I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
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Hi fellow BP'ers! So My husband and I are at the very beginning stages of getting our investing career going! We just created an LLC to flip and wholesale out of. We don't need any of the money we will be making fr...
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I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
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On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...