Lucas A Riemens
Creating a secondary business
I am considering forming an LLC for landscaping and a second for construction. The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...
Kel S
Can you help me find these resources?
I'm in need of finding the following things:
1. Good reliable, legit ONLINE place to run credit/background/previous rental history checks on prospective tenants.
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financing my 1st rental
ok, i want to make this short but it might run on.
i re-fied my primary residence and took about $100K out.
i just offered to buy my first rental and the seller accepted my offer.
the offer the seller accepted goes ...
Bryan Pham
How to transfer/open self-directed IRA account?
Hello BP,I am interested in switching my 401K over to a self-directed IRA. Does anyone on BP know how this process works?
Michelle Caines
Newbie from NYC
Greetings from Harlem NY! A family member and I are interested in rental properties. We have zero experience but know that Newark and certain Bronx neighborhoods are way cheaper than Harlem. We hope to one day hold pr...
Marc Biedenkapp
House flipping: business or investment?
Hi there,I have bought and sold 2 properties over the last 3 years. My tax agent just told me that I would have to pay 15.3% self-employment tax since it's considered a business. But 2 houses in 3 years can hardly be ...
Alexis Terry
How to find phone numbers of rental owners
If you have the address and name of the owners to a renal property, is there a way to find their phone number for free? I know Deal machine has the option but you still have to pay for the phone number in addition to ...
Elliott Russell
Single family with attached garage - suite or?
Hi Everyone!After being a lifetime renter (family of 6)--I bought my first home which needs quite a lot of work done to it. I would really like your insights on what would be a wise plan of action to help propel me to...
Charles Buckley
Buying a Second Investment Property after a Refi
Hi all,I purchased a 3-unit multi family back in December 2019 for roughly $315k. Currently receiving 7k in total rent from this property. I’m towards the end of my first refinance and my appraisal value came in aroun...
Tamera Muniz
Airbnb/VRBO Remit Taxes?
I'm a bit confused but what it means for these companies to remit taxes on your behalf. Does this mean that I do not need to save an additional 30% in a separate tax account? Can someone explain what remitting taxes m...