Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
23 January 2025 | 16 replies
Just don't see the S-Corp or another LLC having a place here..I've heard tax advisors say it takes around $70k min of self employment income for the break even point for S-Corp to make sense.
Kody Glithero
Future Real Estate Plans Help!
16 January 2025 | 6 replies
My goal is to try and get a multifamily property a month or two after starting my job once I have the paychecks rolling in, to show my financial advisor.
Stepan Hedz
5 Myths About Distressed Properties: What Investors Need to Know Before Jumping In
29 January 2025 | 0 replies
Novices can prosper in distressed properties given a strong support network of brokers, contractors, and financial advisors.
Peter H Derry
Buyer's Guide: Purchasing Property for Your College Student
23 January 2025 | 0 replies
Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.
Henry Clark
LA Fires Taxes and Insurance
31 January 2025 | 2 replies
Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
I was working as a financial advisor for Merrill Lynch.
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
Consulting a tax professional or financial advisor familiar with these rules would be a wise step before making any decisions.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
To the point where there was very little partnership or strategy alignment, and their advisors were ignoring our request for our 30 minutes in their email responses.
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.
Christian Solis
Choosing my business entity
1 February 2025 | 5 replies
Once again, consult your legal advisor on this stuff, but that's what most of our more savvy clients do.