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Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
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My son has been severely disabled since he was a small child [he is 20 now] My husband and I spent hundreds of thousands of dollars looking for a miracle cure.[ now broke or would be doing more for him] We thought ...
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Hello - I just acquired an abandoned property (absentee owner), the current plan is to flip it. The longer-term plan is for my fiance and I to buy-and-hold with flips to build working capital. We have no corporate str...
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I'm finding myself in a tough spot. Here is a little history. I'm 31 and a buy and hold investor. I currently have 20 units which are doing quite well, and are not taking up too much of my time (2-4 hr...
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Thanks Theo Hicks for this amazing blog post.
In our recent interview with @Slocomb Reed and Phil, we looked at the importance of real estate investing and tax planning. If you use tax mitigation techniques like cost...
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Good evening BP community!I recently started doing business as a RE investor and I would like to hear from other investors out there your thoughts about filing taxes as an LLC vs an S-Corp. Taking in consideration tha...
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Hello:My Dad is looking to buy an apartment complex in Dallas, but it looks like there is no MLS system for finding apartments for sale.His is looking for a complex with a brick exterior valued between 2 and 4 million...
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Hello everyone, this is my first post on the forum, but I have been reading an learning from many people on this site for quite some time.
So im tired of giving the IRS all of my income, and I have been reading about...
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Has anybody done this and/or is it possible?
I'm back and forth between rehabbing and purchasing rentals (I mainly rehab to get additional capital for purchasing rentals) and am wondering if the "like kind" clause ...
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Hi,
First of all I'm about as new to real estate as you can get. Is investing in single family home rentals a waste of time? I've always been interested in it but just never had the motivation. I live in San Diego...