Seena N.
California resident sold rental property in Georgia - CA capital gains??
1 March 2024 | 4 replies
Your resident state CA will tax all of your income, including out-of-state gain.
Josh Dane
Mortgage with RSU/Bonus Income from Tech Company
28 February 2024 | 1 reply
Hi all - wife works at Amazon and a substantial part of her income is guaranteed monthly bonuses and eventually RSUs.
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
1 March 2024 | 40 replies
Third, note that any RE done in a traditional qualified account (SD-IRA, Solo 401K, etc) takes all that wonderful Cap Gain income and turns it into earned income.
Zeek Collins
International Real Estate
1 March 2024 | 19 replies
So rental income can be tricky, and you could end up losing value if you're only getting meager cash flow here.
Mike Boss
Advice on who to use to start an LLC
1 March 2024 | 8 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
John Peppard
Rental property, does higher down payment make sense
2 March 2024 | 6 replies
If you're looking to aggressively grow your portfolio, then I would put as little down as possible (hoping that you're not planning on living off the rental income any time soon).
Matt Eade
Sibling Partnership and Seperate Property
1 March 2024 | 4 replies
NY will tax you on your NY source income.
Salomon W.
Need a Second lien lender
1 March 2024 | 9 replies
Hello everyone, I am looking for a lender to provide a second lien on multiple single family rentals, but which is not based on personal income.
Chris C.
Tax Question-Real Estate Education
1 March 2024 | 2 replies
If you had a side hustle lets say with an LLC (has its own bank account, expenses, income, etc) You could most defiantly write it off under "education expenses"
Ashley G.
Potentially selling an investment property
1 March 2024 | 4 replies
All of which has helped me reduce my taxable income resulting in me getting $$$ tax returns (which i don't hate)Last week i received a text from MJRESOLVES (never heard of them).