Hey Guys!
This is going to be quick- I promise!
I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...
Hi BiggerPockets,Quick question here. Any of you done this before - buying houses with Solo 401k and renting it out. I am located in Phoenix - Chandler/Gilbert area. Good SFR are 200K - 300k. It is hard to buy these i...
Just curious, when people say that they have $5k passive income from real estate for example, typically is this number just a pure cashflow after setting aside the reserves (vacancy, cap-ex, repairs) , or is it cashfl...
As a RE investor, should I have a business set up/lawyer/accountant before I even start looking at properties looking to get pre-approved for lending? Or do you guys all get pre-approved for lending first, find a hous...
Can I use my ROTH IRA for REI? I am having trouble finding examples specifically rolling a ROTH to a self directed IRA for REI.
I may have a new job opportunity and am trying to figure out what to do with my 401k. At first i was going to roll it over into a self directed roth but am also thinking of cashing it out to buy real estate outside of...
I know this may sound paranoid, but I'm actually afraid to ask for advice on specific deals on Bigger Pockets because of the possibility of someone stealing the deal. Is this a legitimate concern? This market is so ...
Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...
What is going on with all of the posts in chinese? Looks like a lot of spam?
How is the capex reserve fund handled tax-wise in an LLC (or S-Corp)?Over the year, a portion of the rental proceeds are siphoned off into an account for future upgrades (roof, furnace, rehab, etc). Does that count a...