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18 November 2020 | 7 replies
Agree with there is no tax impact because the Roth IRA contribution is after-tax.
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25 November 2020 | 11 replies
Lots of wholesalers appear to contribute to that list, so that may be an opportunity for you!
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18 November 2020 | 3 replies
I'm still employed and contributing to this 401k, so I'm limited on taking a draw or withdrawing on it.
19 November 2020 | 0 replies
Doesn’t the owner of the commercial property typically not contribute to these type upgrades.
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21 November 2020 | 9 replies
But I have heard that lenders assume that a spouse has to contribute to the matrimonial mortgage payment - is this true?
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19 November 2020 | 0 replies
My contribution was to be the match maker.
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19 November 2020 | 0 replies
If these apply to you, please research more, reach out to me, or consult with your tax advisor.If this is helpful, I will share some tax strategies for Businesses and Real Estate Investments in the coming days- Ashish Acharya, MAcc, CPA, CFP®, PFSHiring Kids: If you have a kid under the age of 18 and you operate your business as a sole proprietor or as a spousal partnership, hiring your kid can have significant tax breaks:First, your business gets the payroll expense deductions to save taxes at the parents level who are in a higher tax bracket.Second, neither parent nor the child would pay payroll taxes (15.3%) on the child’s income.Third, with a traditional IRA, the child can avoid all federal income taxes (around 11%) on up to $18,400 in income.IRAs: First, get a deduction for contributing to a Traditional IRA that can be easily established with most of the financial institutions.
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26 November 2020 | 5 replies
Thanks @Mick Hofmann for your contribution.
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23 November 2020 | 3 replies
Had I built my network more (by going to Meet-Ups or contributing to the Bigger Pockets forums), I could have found a back-up partner in place when my uncle could not be reached.
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5 May 2021 | 13 replies
Also would be happy to contribute to the meetup by talking about my experiences in investing part time while in the Navy full time.