Hi BP community,Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!

My mother has expressed interest in partnering with me on a multi-family purchase.  She wants to utilize IRA funds to contribute to the deal.  My question is, can she do this without having to pay taxes for pulling th...

Looking for advice on getting started with first commercial mortgage in our LLC. Been in property mgmt business for 2 years and looking to put properties in the LLC (out of personal name) in 2022. Thank you!

I have a question that BP may have an answer that helps me on postcard mailing rates. Do you find it better to use real stamps on cards at .34 vs bulk rate pricing and bulk stamp. Is my money best spent on the regular...

Hello all! My wife and I are working on a deal for a 2-unit up/down rental building.  The upstairs is a 3-bedroom (very rare in our area) the bottom was recently a salon and needs updated to rent as a studio or 1-bed ...

Hello BP nation, I just got a great 3 flat in Chicago under contract built in 2008 and fully occupied throwing off almost 2k a month cash (DCR>2) flow after PITI based on a 20 year am fixed at 4.625 with a 25% DP f...

Hey I was wondering - Let’s say I find a pre foreclosure property, get the owner working with me, would I be able to pay off the delinquent amount and make an offer on the home being backed by my bank money, also woul...

So, I've been reading a lot on REI lately and feel like the more I read the less it is useful. I need to get hands on experience at some point. In my readings, a lot of people say a mentor is about the best way to g...

Hey Guys,What's the best bank to open up a business account with in Florida? I need to create an account for my LLC so that the funds are separated from my personal.Thanks,

Have you seen these websites? Anyone can create fake paystubs, tax forms, and more. How do you screen for things like this?