Claudio Golia
Reduce 401K Contributions and Redirect to REI?
23 September 2015 | 5 replies
I'm trying to boost my savings so I can get in the game quicker, when I came up with the idea of redirecting some of the funds I allocate to my 401K towards REI.Admittedly, the stock market craziness is what got me thinking, but in addition to that my employer matches up to 5% and I'm putting in 10%.
Alejandro Jimenez
Results Purpose Method
23 September 2015 | 1 reply
Thanks to him I shifted my mindset from that of an Employe to a Business owner / Investor.
Patrick Mulligan
Need advice on 2 possible lending scenarios for 2-4 unit property
1 October 2015 | 4 replies
Has been working full time in 2015 and is on track for income of $170,000 between self employment and real estate investment profits, thats doing nothing else the rest of the year.What would be the best way for them to obtain financing for either a non-owner occupied 2-4 unit income property in the $300k range OR an owner occupied duplex in the $600k range, and is it possible?
Scott Mardle
Newbie from Brisbane, Queensland
6 October 2015 | 7 replies
I plan to have my course finished by the end of 2015 but recently have been employed by a company with good growth prospects so unsure whether I will pursue a job as an agent as I only wanted the job for the knowledge it would bring.At this point, my passion for games has all but dried up and as that was one of the few thing I identified with and made most of my friends through.
Josue Guerrero
Financing A Home While Making $0 Income?
7 October 2015 | 9 replies
While I'll technically be self-employed once I have the LLC formed, I won't actually be generating any income until I can start investing, since I currently do not have a job.
Geetika Casmon
Considerations for starting flips, have questions
13 October 2015 | 7 replies
2) If marked a dealer and now being subject to higher taxes (including self employment tax), is forming an S Corp the only way to relieve some of this?
Tami R.
Capital Gains, etc...
2 June 2015 | 24 replies
Plus potentially self employment taxes as well.
Vivek S.
Evaluating investment property in Dallas - Lancaster
22 November 2016 | 8 replies
With all of the new employers coming in, I believe the demand will only increase.
Chris Aall
New to BP - Looking at Florida to reenter REI - Help!
13 November 2014 | 27 replies
Our criteria for the surroundings are:Proximity to a substantial airportEstablished community with good schools, growing employment, low crimeA resort destination that offers potential for vacation rentalsOlder and newer homes in mid- to upper class neighborhoodsImproving real estate prices, but not yet over-heatedWe are taking the month of November to visit and research the southeast (Miami - West Palm Beach) and southwest (Naples - Tampa).
Curt Smith
Tax advantage of selling as a rental vs a flip
14 August 2015 | 7 replies
The difference between the two is that profit from a flip is subject to self-employment income taxes in addition to the ordinary income taxes.Your situation is the sale of investment property, which is not a dealer disposition; therefore, only short term capital gains tax applies.