Helen De la rosa
Which Self-directed IRA company do you use?
26 August 2024 | 37 replies
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLCsuch as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.
Account Closed
is Renatus the Real Deal or a Scam?
30 August 2024 | 70 replies
That's like a company that does software development giving employees a bonus for referring other good programmers automatically makes the company a "scam".
Michael Plaks
Explained: How CPAs charge you (and why)
27 August 2024 | 13 replies
Still full time W2 employee.
Rusty Scott
Tax Treatment of Agent Commission on Own Purchases
21 August 2024 | 28 replies
Under IRC Sec 61, Congress intends to tax all gains or undeniable accessions to wealth, clearly realized, over which taxpayers have complete dominion.Treas Reg Sec 1.61-1(a) provides that gross income includes income realized in any form, whether in money, property, or services.
Bobby Sharma
WORST cities for permits, code enforcements, city inspectors
26 August 2024 | 28 replies
I've done several closings there and the employees at the village hall are some of the nastiest, rudest people I have ever encountered.
Edwin Lopez
Managing gross income from business
21 August 2024 | 3 replies
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...
Stephen Lynch
Long term mortgage or keep it in the HELOC
25 August 2024 | 13 replies
I managed three teams consisting of 3-4 employees each and led all their projects simultaneously, while overseeing accounting, marketing, and financial operations.
Drew Carpetner
Property Managers - Franchise or Independent?
23 August 2024 | 4 replies
For example, I broke down and bought a forms package for $1,000 that saved me so much time and improved my company, particularly as I brought on employees.
Joanna Mendoza
Advise needed for 1st Investment Property
24 August 2024 | 8 replies
Most property manager cover all the services you offer charge a flat fee of 20% gross revenue. 65% is exorbitant - its 3.5X the market rate.
Abram Edawrd Inman
I need help to get a renter!!!!
24 August 2024 | 5 replies
I am looking for:GROSS Income >= 3x rentANDRent + Monthly Debt Payments <= GROSS Income * 45%2.