Rohan D.
W2 and a General Partner in Syndication- Can I take my K1 loss to offset W2 Income?
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above incom...
David Shelby
Can my LLC act as a management company for my own properties?
I have just graduated college and am wanting to get into real estate. I purchased a duplex that I will be closing on at the end of this month and will be renting out one side while living in the other. As it stands ri...
Brian Plajer
Cost segregation study?
Hello, This past Summer my brother in law and I added a vacation rental to our portfolio. I have been listening to podcasts and they mention cost segregation studies and bonus appreciation and there is even a STR loo...
Nathan Paterson
Hello BP world!
Hello BP members of RE community. My name is Nathan Paterson, and I am an active duty special operations military member currently transitioning out of the army through the long and dreadful med board process. Due...
Paul Ryan
$1 million in capital to get to $20k+ a month in income
Hello,
I have been reading the forum for some time and doing research. I’m Just getting started in real estate. I’ve done a lot of research looking at deals (including buying vacation rental properties, syndicatio...
Lauren Norwood
LLC w/ S-Corp Election vs. Plain S-Corp
Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
Stephen Aki
Converting ROTH to Traditional then to Solo 401K Plausible?
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
Anthony Wienke
Are these financials poor performing or am I missing something.
So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...
Gaurav Vedi
How to create LLC/Scorp structure for Rental properties
Hello all,I have multiple rental properties but haven't created any LLC structure. Now that I have read multiple posts and received recommendations from others and read BiggerPockets threads, I am inclined to create E...
Sean Peters
What would you do: Make $400K on a flip, or $2500/month cash flow
I'm Wondering what people might do in this situation. I was able to find a multi-family property in a good market that has potential to be converted into condos, or held as a solid income property.If I decide to sell...