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Results (10000)
Sai Li Can a W2 contractor contribute to Solo 401K?
22 September 2020 | 3 replies

I am an IT contractor, I get paid via an agency company as a W2 employee. The agency company pays no benefits.
Can I open a Solo 401K account and contribute to it?  If not, what's the best way to minimize my income ...

Andrew R. Bookkeeping software for landlords?
12 November 2020 | 5 replies

I just need some basic functions, tracking rental income and expense categories. Able to run monthly or yearly reports on 10 to 15 properties. Profit - Loss statements, etc. Hoping to find something modern and cloud-b...

Robbie McKnight Relationship between landlord and property managers
28 November 2017 | 3 replies

Hi Guys - I'm new to the rental property game and I have a few questions regarding the relationship between a landlord and property manager.
How does the billing and banking between landlord and property manager norm...

Zoey W. Landlords are now taxed on gross revenue and NOT profit!!!???
21 June 2023 | 14 replies

1. Forgive my ignorance but after watching youtube videos regarding recent changes about landlords it gave me the impression that "section 24" means that landlords are now taxed on "gross revenue" and not "net profit"...

Nick Causa Feel like I’m getting taxed incorrectly
27 July 2018 | 6 replies

Maybe someone could help, or tell me i’m all wrong. I know taxes are your biggest expense and theyve been crushing us.

My wife and I own two rental properties. One we house hack and the other we airbnb. We’re W2 emp...

Chris T. Quick Case Study/Questions for First Rental Purchase
10 February 2015 | 5 replies

Hello - Hope everyone is doing well today!  I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items.  I cur...

Suzette Parsons Best way to hold title to a note
17 October 2014 | 6 replies

I am a newbie to note investing and want to ask all you that invest what is the best way to hold title to the notes?  Did you start a company?  I currently don't have an IRA or solo 401K, but is that the best way to p...

Carmen Ngai Depreciation and tax liability
18 December 2019 | 4 replies

Hi Everyone, 
I am just starting out and looking for a rental property.  So, I have lots of questions, especially about depreciation.   I'd like to evaluate how it affects the tax consequence when I sell it some day....

Michael O. What to do with liquid cash?
3 September 2018 | 4 replies

Hey bigger pockets family, newbie here. I’m curious about how most of you keep your liquid cash. High interest savings/checking account? Money market account? The reason I’m asking is because I’m about to inherit abou...

Victor Taflinger Do need an accountant?
31 January 2020 | 10 replies

I am retired Navy living and working Okinawa, Japan where I will probably stay the rest of my life. I am a resident of Washington State. I have a drivers license but no address to call home. I was born and raised in F...