I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
Hello BP Community, Happy 2018! I'm a new member here and new to RE investing. Been a financial accountant in the corporate real estate world for over 12 years so number crunching is second nature to me. I have a youn...
Hi there.New, aspiring investor here. Just getting started. I'm working with some family money, trying to find a place in Los Angeles, but I work in China (grew up in LA, family still all there).As an investment, we a...
Do you guys 1099 your workers? I have been paying cash to my workers and im startign to get worried come tax time.. anyone else have some advice regarding this? I track expenses in an excel sheet but im not sure if t...
Trying to find a word to capture my ideas.
Please tell me what being "tenant free" suggests to you.
I’ve recently inherited money and would like to try to set myself up with a steady income with it. I don’t work because I am disabled, and where I live has a lot of multi family houses for sale that average around $15...
Dear all,What's the definitive answer - and preferably pointer to authoritative resource - regarding deductability of interest on HELOC with the passage of new Tax Law? I do realize that HELOC interest deduction now o...
I've been tracking every dollar in and out of my REI activities for the past few years and decided to back-test the numbers to answer the question: What if I would have put all those investment dollars into a super pa...
Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
I have this question because I have played in the NFL for 6 years now, and I have had many of my teammates ask me how they should invest some of their money once they find out that own multiple properties. Many of the...