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Results (10,000+)
Zehua Zhou As the solo 401k Admin, can Fidelity's account be sufficient?
30 August 2024 | 6 replies
I would prefer not to open a conventional bank account if I can keep things simple.
Natalia Davis My roommate paying me for the room, is considered income?
31 August 2024 | 7 replies
@Natalia DavisI’d just keep it simple and collect cash.
Zehua Zhou Fidelity won't open the business account for my LLC
31 August 2024 | 5 replies
Try to always remember and apply the KISS principle (keep it simple). 
Matthew Sarro How necessary is a history of personal financial statements for a lender?
3 September 2024 | 20 replies
However, a personal financial statement can give you a clear picture of your assets, liabilities, and net worth, which could make the loan process smoother and quicker.If you’re not in a rush, you might consider setting up a simple personal financial statement in a spreadsheet.
NA Reddy Would I benefit from an LLC if I invest in RE thru Syndications
31 August 2024 | 12 replies
From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple
Devid Brodsky First-time home buyer. Is 600k too much on an 85k salary alone?
31 August 2024 | 22 replies
The math on this is simple as others have alluded to.
Travis Bobo is this a scam or legit?
2 September 2024 | 34 replies
I'll just ask a simple question....
Agustin Rossi What to do if a motivated seller asks for proof of funds?
3 September 2024 | 32 replies
Some things in life are simple, and this is one of them: If your business plan depends on dishonesty and concealment, then it is wrong.
David N. When and how is the best way to do a cost segregration analysis?
30 August 2024 | 13 replies
Many services offer this, a simple google search should find you a firm.