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9 May 2024 | 1 reply
From the single-member LLC, i pay myself 100k last year to max out on the solo 401k contribution, while still having a W-2 as an engineer as my main job.my main job pays me 170k/year (Google)my single-member LLC rental pays me 100k/year (as S-corp structure)my question is regards to the payroll tax, i know I already max-ed out on the payroll tax on the employee side, any additional payroll side as employee will be refunded in my tax return, how about the employer side.
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12 May 2024 | 2 replies
Cashflow - You mention cashflow year 2 in the single family....Assuming 5% down and a 6.5% rate, your mortgage on a $400k house will be about $2400/mo...add in: taxes, insurance, maint / repair, vacancy, utilities (if any), etc.
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11 May 2024 | 4 replies
I have been planning this since I was 16 years old but I keep running into the same problem since I don't have co-borrower.My credit union will not approve me without a longer full time employment history because my part time employment income isn't much.
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8 May 2024 | 9 replies
So question - If you were getting a new credit card(s), which one(s) and why?
8 May 2024 | 2 replies
Hello Everyone, I am interested to see what credit cards you all have used for your business that have the best perks/rewards.
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8 May 2024 | 4 replies
I am very new to Tax deed investing in the CA US.
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11 May 2024 | 10 replies
This may save you six figures in taxes!
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9 May 2024 | 9 replies
Intuit is trying to move everyone to Credit Karma, which has some of the capabilities of Mint, but not all.
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8 May 2024 | 14 replies
Hi BP Community,Has anyone worked with a local credit union in Cleveland, Ohio that work with real estate investors.