William Downey
Managing / Organizing Finances for Flipping Business
9 October 2024 | 2 replies
Should I open a separate HYSA or similar vehicle to park additional cash reserves and or taxes set aside from prior projects?
Todd Caschette
Industrial outdoor storage
8 October 2024 | 2 replies
There's not much to build with these properties.One metal building for lessees to repair their vehicles.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
Do they pay for vacation pay, medical insurance, workers comp, payroll taxes, PTO & holidays, ongoing training, trucks & commercial vehicle insurance, liability insurance, admins, marketing, SEO, liability insurance, bonding fees, licensing fees?
Ben Stanley
How to utilize $9k in a 401k
10 October 2024 | 9 replies
So you are just choosing one retirement vehicle over another.You can also consider rolling the 401K into your new employer and take out a 401K loan if your employer offers the option.You would normally be eligible to take a loan of the lessor of $50,000 or 50% of your vested balance which would be $4,500.Best of luck
Jonathan Bock
Do investors know what their tax rate is?
10 October 2024 | 23 replies
Like vehicles airplane or equipment for your contracting business .. or real estate with its bonus depreciation but its going down and not as attractive as a few years ago for sure.
Nico Terruso
Has anyone purchased EV chargers for their multi family or commercial units?
8 October 2024 | 3 replies
Most electric vehicles are owned by homeowners, not renters.There are approximately 1.3 million renters in New Jersey.
Eric Yu
Business Formation or Asset Protection Lawyer Recommendations In Bay Area? (And CPA!)
9 October 2024 | 2 replies
California does not recognize series LLCs.Additionally, you'll want to consider long-term planning and whether a vehicle of that type does anything for you in terms of inheritance & estate planning, including property tax savings.These are all things you will want to discuss with your attorney and CPA.
Jason Smith
Help! My Rentals are keeping me from getting a personal home loan
13 October 2024 | 23 replies
Personally, I tend to see it more with my clients when they are buying vehicles as they are scaling (crushes DTI/FICO in the short term), but that sucks that its impacting what you can do with your family.
Mohit Khanna
Australian investor looking at entering US residential market
16 October 2024 | 25 replies
There is not much tax advantage to buy property in that vehicle especially at an accumulation stage.
Nicholas Cavato
Best Business Standard Mileage rate App
3 October 2024 | 6 replies
Hey everyone,I'm searching for the best app for tracking mileage on a business vehicle while using the same vehicle for personal use.