Hello, I plan on retiring in the next year or so, and I am considering buying a condo in the Destin, Florida area. I plan to live in it in the winter months (October - Apr), and utilize it as a vacation rental in the ...
If you have your properties in a LLC and have separate business accounts are you only taxed on money you take out (salary) from the LLC? If there is extra cash that I could be pulling out as salary but don't and it st...
Met a friend out and one of his coworkers joined us. We ended up talking some real estate and this individual (Jeff) noted he recently bought 5 of 10 units in a condo complex. Reason he did it he said was they were al...
Hi,I have a single member (disregarded entity) LLC in Virginia on my name. I have a EIN for that LLC and bank account too. I am full time W2 employee and I haven't done any business (profit or less) in that LLC so far...
Hello BP,I was looking at some real ways to practice estimating ARV and repair costs and I thought what better way than to find below market priced listings and use them for my analysis. In the process, I stumbled upo...
I have a life insurance question for the community. I'm looking to purchase an apartment building with a few investors. There would be a minimum amount of time I'd want everyone to keep this investment so I wanted to ...
Hey there trusty BiggerPockets,Hope y'all are having a powerfully successful day! I'm looking at buying a plot of land in Palm Beach county and it is zoned 0800 - MULTIFAMILY < 10 UNITS. The land is the size of abo...
Hi there, I am a first time buyer/investor looking to buy in the Regina real estate market. I am currently a college student in an accounting program with moderately low income/credit score. I am looking for financing...
I currently have some cash (my army) that I am building up for a down payment on an investment property sitting in a Barclays 1.20% APY savings account (Earnings peanuts). Waiting for that perfect moment to pounce a o...
Hello everybody,I live in Reno, Nevada. I am 20 years old and still in college. I have a partner and an LLC ready to start wholesaling. The one issue I have run into is finding a contract assignment. I have called sev...