Hello All,Our fix and flip business has had a lot of success and I am getting ready to quit my W2.  Very exciting to get to this stage but it raises a few finance questions.  I would ideally like to tap into my 403b t...

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...

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...

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...

Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...

Hi, all. I need some help deciding what I can do with a deal brought to me by a friend. Property is a two story with a one story side-addition, 3200 sq ft, century-old storefront-type building with 2 1-bed apartments ...

Hello everyone, I've never posted anything until now but I've been on here reading, learning, absorbing for a few months now and I haven't seen this topic fully discussed so maybe we can use my own situation to help ...

Financial Independence Retire Early (FIRE).  It seems to be everywhere these days.  I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome.  I'm sure ...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties.  How does everyone else structure their flips and rentals?