Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...
Hi BP Members,Happy New Year to you all. I'm reaching out in the hopes that someone might be able to connect with me and provide me 15 minutes of their time. I am subleasing my current rental. I will be managing the...
Along with a credit report, I have read that other documents for a rental application should be included. I was wondering what are the ones that are needed with every application? I have heard from one investor that y...
I am currently completing my first wholesale deal with my partner and we are ready to start operating under a real company. We plan to do wholesaling but also buy some rentals as we go and I don't know whether we shou...
Hello,I am brand new to BiggerPockets and this is my first post on the site. I am interested in getting into real estate investing and today I was told that my strategy will not work b/c I'm an independent contractor ...
I'm just wondering if anyone here can recommend any reputable self-directed IRA/401k companies out there... ? I have a simple IRA that was started through a previous employer that I think I would like to self direct. ...
So Im looking to buy a long term home/townhouse/condo in the nearish future. I have 12-15K in student loan debt. I have enough in savings to pay it off but then I would have much less for a down payment. Id rather wai...
I went from W2 to 1099 in the middle of 2016. I had some 1099 income filed on 2016 taxes, but not a lot (and I wrote most of it off). 2017 is all 1099 and I did much, much better. So, I have 1099 income for two tax ye...
We are creating an new multi partner LLC for Flipping business(8 partners total, 2 partners will be active). We are looking at doing 2-3 Flips in first year. Is Flipping considered as active or passive like rental ? a...
I am a newbie investor with 403B of 90K with present employer and 20K from a former employer and would like to invest in real estate using SDRIA. I need help setting this up and have a few questions along with it:
1....