Joanna Lenn
Tax man says "Become an S Corp" - thoughts?
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
John Fedro
How many individual mobile homes can you "buy/sell" per year before getting a MH retailers license? (Find out here)
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
PJ Kolnik
Opportunity Zones - Great Investing Trend?
Investors,I was reading about these new Opportunity Zones that are being established as part of the Tax Cut and Jobs Acts. I wanted to start a thread that starts the speculation of potential investment opporunity poss...
Edward R.
So courthouse sale of recent foreclosed $250K house
There is this house in my friends neighborhood, nice colonial nice neighborhood and typical nice people. Husband went/going through Bankruptcy and house in wifes name is being foreclosed on. Bank got the judgement an...
Jack B.
Travel expenses to look at real estate for purchase?
I'm planing a trip to Florida to look at some rental property prospects to add to my portfolio that is currently entirely concentrated in Seattle. Since I don't own any rentals in Florida but am going there to look at...
Asa Hunt
What happens if you can't participate in a capital call?
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
Michael Hearn
Sell vs. Rent -- Please help!!!
Hi BP Universe! We have a big decision to make -- should we sell or rent our first home? I think this is going to be a hot topic for many given that the big driving factor is the low rate we have on the old house (2.7...
Josh Carter
Best Self Directed IRA?
Any recommendations? Currently talking to a company called Equity Trust whose fee is a little above 1%, does anyone know of a self directed ROTH IRA that can do better?
Erik Schubert
Next financing move
I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...