Hi All,
I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.
Generally I'm wondering what account types I should have,...
Right now my LLC is located in California. After paying an immense amount in Taxes to California, we are deciding to move it to Nevada.
We have family there, so we feel that it is a great move.
With that said, I und...
Background: We own a few rental properties, some being right next to each other on one road. Our commercial property we rent back to ourselves is one of them in this strand, so we know the surrounding neighbors fair...
I'm trying to decide weather or not this house will be a good investment for me. It can be purchased for $22,100 And it will rent for $600 per month. I estimate it needs $5,000 worth of fix up to make it rentable. Ta...
Hi BP community, My husband and I will be selling our California home early next year and are expecting to have capital gains above and beyond the 121 Exclusion of $500K.1. I have a home business and just opened a Sol...
We bought a property in January with cash. We were planning on renting it and had a couple tenants fall through. Now spring has rolled around and we saw what local houses were selling for and decided since we didn't...
I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
I am a 1099 “self employed” musician out of Nashville. I’m wanting to house hack ASAP but I show so little on my tax return that I would not get approved. I’m looking into starting up an LLC taxed as a S Corp to relie...
Hello again,So as I get ready to make some money moves this year, I am looking to add a Money Man or Woman to my team. Now one of my problems is that I do not understand the difference between a Tax accountant, CPA, T...