Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...
Hi everyone . I live in india where getting a bank loan is quiet expensive . Loan percentage starts at around 9.5% . Rent yield is 0.8%/month to the value of property . After paying all the expenses and paying the mor...
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
I’m a new investor who just opened an self directed IRA. Any suggestions on the first steps to acquiring properties via my IRA?
I've looked at multiple homes recently because I am considering seller financing. However when looking at these deals, I so far cannot find one that will cash flow positive. Only negative. I realize since seller finan...
Hey everyone!I was listening to BP episode 335 or 334 and I heard something interesting. The speaker mentioned that either he or someone he knew invested in a very expensive property which had negative monthly cash fl...
This may sound like an overly simple question, but if you are wholesaling or flipping houses, should the money of a transaction flow through an LLC or through your personal finances? Should you contract through your L...
Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my ...
I am looking at purchasing my first rental property, however I was planning on using a conforming residential loan to get a fixed rate for 30 years to increase cash flow. I am wondering if the income from tenants and...
I live just outside the edge of town. There is a 14" pipeline that delivers crude oil to a refinery about 3 miles East of my house. I rent all my STRs to refinery contractors that do things directly or indirectly wi...