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Results (10000)
William Downey Managing / Organizing Finances for Flipping Business
9 October 2024 | 2 replies

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,...

Matt Garcia Dissolving an LLC, Moving to another State - How does it work?
16 June 2010 | 5 replies

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...

Kristen T. Sheriff's Sale in Pennsylvania
26 December 2017 | 18 replies

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...

Brett O 3bd, 1ba, pretty nice neighborhood, $22,100 --- Should I buy? (pics)
11 December 2009 | 47 replies

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...

Rosalie Taran Income Tax extension/ Solo401k/ capital gains over 121 exclusion
1 January 2018 | 10 replies

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...

Terri Dyer Will property qualify for 1031 exchange and can I take some $ out
28 April 2018 | 5 replies

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...

Kenneth LeBeau Business Finance Question - Commingle
13 August 2015 | 8 replies

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...

Kevin Smith 1099 employee thinking of starting and using S Corp to buy house
2 May 2020 | 6 replies

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...

Michael Ramos Looking for a Money Woman or Man
1 February 2021 | 5 replies

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...