Greg Baker
New Member - Rochester, NY, What would you do with $10,000?
8 November 2014 | 8 replies
Financial advisors recommend six months of ordinary expenses.
James Johner
Another 48 units and counting!
20 October 2019 | 40 replies
@Brit Hale good to hear you are crushing the flip game.
Jesse Dickens
Do I need an LLC for a fix and flip?
7 December 2019 | 4 replies
Flipping is ordinary income subject to self employment taxes.
Account Closed
Noobie inherited 1 Million Dollars
11 May 2019 | 44 replies
Originally posted by @Brit F.
Michael Webster
Client Wants Off Market Property - Advice?
7 May 2020 | 4 replies
But in this case, he's asking you to beat the bushes and find the deals, then he'll scoop in and make all the profit while you get ordinary commission.
Account Closed
Wholesale to retail assignment confusion / success!
1 February 2016 | 4 replies
Just so you know, you guys taxes won't be cap gains, they'll be ordinary income with self employment taxes.
Rick Moccino
Homeowner Deduction for a primary residence vs rental property
3 July 2017 | 2 replies
Of course, these would be basic (i.e. ordinary and necessary) expenses of operating a rental property
Rory Compton
High Income Family Looking to Start in REI Full Time
8 December 2019 | 6 replies
PM, appraising, brokering, etc just piles more ordinary income on top of your already high ordinary income.
Jesse Hodges
should you always claim depreciation?
13 July 2020 | 10 replies
Real property depreciation unrecapture is actually not taxed at your ordinary income rate (depreciation recapture is).
Ryan VandeVelde
Property Analysis Advice
11 May 2016 | 6 replies
My question now would be are there entities such as an LLC that you can report you rental income under were the tax treatment would be different versus ordinary earned "W-4" income from a job?