Joseph Caracappa
Sole proprietorship or S-corp for wholesaling and flipping houses.
Hello,
I am trying to figure what is a better avenue a Sole proprietorship or S-corp for wholesaling and flipping houses? I live in California and it cost $800 a year to run an S-corp, which is not to much...
Owen Dashner
Derivatives Explained
Derivatives finally explained
Heidi is the proprietor of a bar in Detroit. In order to increase sales, she decides to allow her loyal customers - most of whom are unemployed alcoholics - to drink now but pay later....
Jeff Tumbarello
Derivative Markets: An Explanation Presented In Banker-Speak.
Heidi is the proprietor of a bar in Detroit . In order to increase
sales, she decides to allow her loyal customers - most of whom are
unemployed alcoholics - to drink now but pay later.
She keeps track of the drink...
Tzook Bar Noy
LLC use of income before tax
hello BPIf I have a LLC that gets 100k income yearly, can I use 100k to purchase a propertyOr I need to pay taxes on the 100k and only with what is left to purchase the property
Anderson Dowling
Renters never occupied house and deposit check bounced
I would like to pursue legal action in small claims court, however, I realized I made a mistake on my lease. The property is owned by an LLC (sole-proprietor), but the lease was made out to my name. The lease was also...
Maira Molina
Tax strategies w/o business license
I’m reading tax strategies for the savvy real estate investor by Amanda Han and Matthew Macfarland. They briefly mention missing deductions on tax returns such as mileage driven to visit rental properties, meals with ...
Mayur Patel
Buying a property under personal FHA loan and renting under LLC
Looking for advice. I am looking to invest in PA. However, getting loans under LLC is very hard in PA. As a result, seeking option to purchase the property with 20% down with a FHA loan. Getting the mortgage under...
Meghan Custer
Buy and Hold - did you form an LLC or DBA?
Hi Everyone - I haven't made any deals yet - just information gathering at this point. I would prefer to not use my legal name on deals to protect my family's privacy. In your educated opinion, which is better - LLC o...
George Adkins
S Corp, LLC? For Realtor
Hey hey! I am a new Realtor in the Bay Area, California. I have heard that it is good to get a LLC or S Corp as a realtor. Currently, I have neither and I need to get that changed. So I was wondering if anyone had any...
Andrew George Dennis
Cost for tile installation in a shower in Denver?
What do you guys think is a reasonable cost/sq ft for labor only to install new tile in a shower? What if it includes replacing backer board as well? The property is in Denver. I’m talking quality work that will la...