Conner Parsons
Solo 401k Plans v Self Directed IRAs
Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...
John Fenn
passive losses real estate
my wife and I own 5 rental properties in an LLC (fed partnership structure). in the early years, the business was run by a management company and we accumulated significant passive loss carryovers. my wife retired and...
James Park
Can a business owner contribute to both the SEP and Solo401K 2016
Question for the SEP and Solo 401K experts. Suppose a Solo Financial Advisor pays himself a W2 of $50k in 2016 and has a Net Profit of $60,000 for his SCorp in 2016. What is the maximum amount the Solo FA can tax def...
Daniel Garcia
Intro: CPA, Investor, and Investor friendly agent
Hi Everyone,I'm a CPA with 15 years experience working with investors, developers, and homeowners providing tax planning strategies, accounting services, and investment analysis. I've been referring out my clients who...
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...
Troy Weygandt
Which Project Management Software do you use?
I need a way to organize my flips. I have seen project management software and it looks like I could use in my business. Is there any specific program that you use? I'm looking for something with an app maybe? I'm new...
Vincent Chen
Bachelorette Parties, good or bad?
I know, I know, party seems to be first negative screen for most STR host, but just wonder any chance that good bachelorette party group can be good gusto avatar?Just heard one podcast from "get paid by your pad", it ...
Scott K.
Using an LLC to get around STR restrictions?
Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
Mayer M.
utilizing QBO with multifamily. What’s the best way?
What’s the best way to track income and expense is he using QBO for multi family properties?Do you track expenses on a per unit & common space basis Or do you lump all expenses together?For income, do you lump al...
Anthony Boston
Finding Owner of Vacant Property
Recently I found a property in a neighborhood and I'm sure that it is vacant no one has been there in months and also the grass is over grown how do i go about finding who the owner is and getting in contact with them...