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Self-employment taxes are imposed on self-employment income in lieu of Social Security and Medicare taxes that an employee would typically have withheld from their paycheck. It is calculated on the net income that an ...
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I'm looking into the possibility of working with a fix-and-flip investor to loan money on his projects, but I have never personally made any private money loans before. I'd like to educate myself more on the topic an...
Hello my name is Michael, I'm a 42 year old first time home buyer originally from Pennsylvania. I relocated to Maryland to be closer to my 4 year old son. I currently reside in Glen Burnie, Maryland. Not sure wher...
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Are you allowed to fire property management mid-lease?Or does this have financial repercussions given that they placed the tenant and you signed their contract?
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Hey y’all I got a house under contract for purchase. 20% down payment and I need a loan officer for a loan in Waco Texas. 780 credit score and good DTI. Any recommendations or places to look at? Thanks
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I'm looking to buy a mid size multi property.
Is there any multifamily investors on here that can help me determine if a property is in a good area? Looking at a distressed property in the Cooper Young area on north ...
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Hello BP Family,I've read so much on whether to file our STR as Schedule C or Schedule E when filing for 2022. This is what I gather:Schedule E = Passive, No 15% self employment tax, No passive loss tax benefitsSchedu...
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I have a property management company that has over 150 listings currently to list on FBMP. I have been banned on my personal page from FBMP. I guess because we listed so many at once. Does anyone have a company that d...
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Hi, I am hoping to buy a multi-family (2-3 units) property in Brooklyn with around 75k down. Has anyone had experience in this market recently? I know Brooklyn can be a little unique and curious what financing advice ...
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Needing some support here, about to close on our second property and our lender is requiring a Letter of Intent to Occupy. As we intent to use the new home as our primary residence, but also plan house hack and rent b...