I am planning to purchase my Personal Residence in California under single member LLC and rent it to my self. Since I can not deduct my local tax from my tax return more then $10,000/ year. Any recommendation?

Investment Info:

Office Space commercial investment investment.

Purchase price: $372,000

Cash invested: $75,000

3000 sqft free standing building on 3 acres. 8 private offices, conference room, break ...

Hello everyone! I recently passed the MD real estate exam and received my inactive license. I am in the process of connecting with a broker but before I finalize my paperwork with them, I was wondering if I should cre...

Hi Everyone,We are business owners (construction co) classified as S corp, 2 members -  paid with W2 income from the business.We deferred salary for 2024 to a Solo 401K.  Are we required to pay FICA tax on the deferre...

What’s a good rate for an attorney? I was given a name by reference and when I called to find out, the rate was ~$325/hour. Seems high to me, but then again, I haven’t shopped much. I am a firm believer that in mos...

How should rental advertisement be handled with a property manager? Should it be included in their fee or should I be paying it separate? How much should I allow for advertisement, to make sure the property manager do...

I have traditionally purchased properties through our local on-line real estate platform in conjunction with a real estate agent. However, I feel like I am missing out on pocket investors, foreclosures, and propertie...

Hey BP members,I've been reading for a couple of weeks an wow what a great community!I'm new to investing although I have updated and sold a few personal homes.I've lived in the Kc metro all my life and it seems like ...

Hey guys, I'm being charged $750 to build a corporation.. (I think it's a little high but might be worth it) any thoughts/advises on that?

Hello all RE Vets/Professionals/Mentors/People with knowledge willing to help,From my description you know the general issue I am having. I have access to funding through established relationships via performing const...