John Liaaz
How do people live off cashflow?
Been researching real estate for a few months, still not understanding how investors make their money!If the cashflow is around $100 a month for a house, I would need 30+ houses to have a livable wage from the cashflo...
Jessica Chow
STR under LLC- how to pay the least amount of taxes?
Hello BP family!My friends and are thinking of investing in a STR in Palm Springs, bought under an LLC. Our biggest question is how to structure the exit strategy in the operating agreement, and the best way to distri...
John Campbell
LLC vs Umbrella Insurance vs Other Options
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
Francisco Avellan
Capital Gains Tax Avoidance
Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
Josh M.
Rental Property Tax Strategies - First Time Filling
I apologize in advance for the number of questions. I have tried to phrase them in such a way that it provides my conclusion and I am mostly looking for confirmation.If a CPA wants to do a quick review my return and d...
Blake Dailey
HELP - Seller Insists on a Physical Bag of Cash Under the Table
I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...
Brian R.
Finanacial planner in Twin Cities Minnesota
I am looking for recommendations of a financial planner in the twin cities of Minnesota that is familiar with real estate investing, as well as other investment types (stocks, bonds, IRA, ETC.) I want to continue inv...
Corey Gregg
New Member Introduction
My name is Corey Gregg and I am new to real estate investment.
I live in the DFW area and as you can see by the picture I am an avid bass fisherman.
My current real estate goals are to formulate a plan utilizing a...
Mark Choi
Wholesaling in New York legality - attorney's please...
Calling all NY attorneys who specializes in real estate for your advice. A little help please!I'm NOT a licensed real estate agent.I hope to be wholesaling my first deal before the end of July.By wholesaling I mean: ...
Kingston Yi
SDIRA & How does this work?
Self directed IRA's can be used for investing into homes...so I've heard. I have a 401(k) that I'm currently looking to use for my next property and would love to move that into a SDIRA towards an investment. How do...