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Updated about 6 years ago on . Most recent reply

Gary Barella's profile image
Gary Barella's profile image
Gary Barella
  • Flipper/Rehabber
  • from East Brunswick, NJ
  • Member since Mar 20, 2018
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64
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152
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Gary Barella's profile image
Gary Barella's profile image
Gary Barella
  • Flipper/Rehabber
  • from East Brunswick, NJ
  • Member since Mar 20, 2018
Connect
Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
152
Votes |
64
Posts
Tax, SDIRAs & Cost Segregation

Best way to pull cash from LLC as income?

Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
Posted
I flip homes and I get paid from either at closing as consultant on the HUD or 1099 from my partner after closing. I currently want to show the highest income possible (future borrowing purposes) but pay as little taxes as possible. Thoughts?
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