Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.
Edward Heath
Balancing a personal home build and starting a rental business
25 December 2024 | 2 replies
The main reason for this is to continue to do medical missions around the world even when I'm dead.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
The IRS has a regulation that amounts less than 15K are tax-exempt, of course, this requires you to file a tax return.
Tara Montgomery
Where would an investor find a capital raiser for development project with a PPM
26 December 2024 | 5 replies
There is a "sponsor exemption" but that only allows an unlicensed person to raise money but it cannot be more than 50% of their duties and the pay they receive cannot be based on how much they raised.If you have never raised $, a family office will be off the table as they typically want the company to ahve atleast $50-$100M in assets.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
I would have to agree with this - appraisals are no exemption to the general inflation/rising costs of the past few year s- $750 is hardly outrageous and investing in non-warrantable condos and with HOA restrictions is always going to have a risk for hiccups
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Reality: still here, only a temporary increase in the exemption.- Plan: eliminate NIIT - Net Investment Income Tax.
Gene Jung
Mortgage recasting ...when to do
25 December 2024 | 5 replies
Then again, if you’re talking about a mortgage on your personal residence, and you live in a state with an unlimited homestead exemption for creditor attachment like Texas or Florida, there’s an asset protection consideration as well.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
The West Cola/Cayce stuff I could see being popular with University students or medical employees.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
They found that targeting traveling nurses and medical residents provided reliable income, especially with amenities like a washer/dryer and blackout curtains.. details that are often overlooked but highly valued.For STR potential, I’d suggest researching local tourism data.