Brad Keller
Anyone ever taken money from a Canadian to buy Real Estate?
I have a friend in Canada who is a Canadian citizen. He recently told me he would love to buy US RE with me. Has anyone ever done this. Do you have any tips on the best way to do this. Seems like a bummer to walk a...
Sean H.
Can i do a retroactive 1099?
I have a worker that worked a fair share of hours for me while i was building one of my houses. I originally offered him a cash hourly wage or a 1099 wage. At the time he wanted the cash wage, but now he is saying wou...
Alex M.
Help! Forming LLC taxed as S-Corp
In need of some expertise here. Thanks in advance.I have 6 rental units in NYC that I airbnb. Im also looking to buy a house for airbnb, likely in Tennessee or Georgia with an investing partner.Question:1) Should I f...
Lucas Gunderson
Tax Questions
I've got some tax questions for all of you pros out there. When flipping homes, what is the best way to structure your company so that your tax liability is decreased? I've talked with several people and they have s...
Andreas F.
Tax on US rental income for a non US resident
Hello,can anyone pls provide some light on the taxation for non US residents on rental income?I have a german passport and live and work outside the US. How much tax do I have to pay for the rental income, e.g. owning...
Sterling Hiebert
retirement account contributions and tax brackets
hello all,first time poster. I am curious about tax deferred retirement accounts and income tax brackets. I am right on the edge of the 12%/22% tax bracket making just a couple thousand too much to be in the 12%. I cu...
Jimbo Rocks
Rental Real Estate Loss Allowance?
Our AGI is over 150K. I realize there are incentives to owing investment property but is there any tax incentive when you make over 150K? I can no longer claim my loss from rental properties. So is there a tax advan...
Robert Anderson
Trying to find out about doing out of state deal cash.
Hi BP members, I have someone who wants to sell me a house in Indiana. I live in Boston. I looked it up on Google earth, and also spoke with the agent who had it listed about 18 months ago. He said it’s a decent house...
Kyle Myers
Should I cash out my IRA for my next REI?
Should I say goodbye to my IRA?Details: I'm currently 30 (no kids) and my wife and I plan on retiring with a decent "pension" at 42. To maintain our standard of living and travel the world like we want, we will need ...
Joe H Watson
Hi All, Real estate beginner here!!
Hey bigger pockets! new investor here from Tucson, Az. I have had some small involvement with the community, but as Josh, Brandon and David always say participation on the site leads to deals and friends so... like i ...