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26 March 2024 | 9 replies
David, rental income is passive income.Placing your rentals into an S-Corp usually doesn’t make sense from tax standpoint because you will be exposing all of the income to SE tax.If you have a portfolio of rental properties that you do manage yourself - you could set up a property management company and charge PM fees, this income will now be considered “earned” and eligible to contribute to a retirement account.
25 March 2024 | 5 replies
I would the adjust my offer to account for the repair.
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25 March 2024 | 2 replies
I'm a brand new investor looking for single family/small multi BRRR or lipstick flips in the south Seattle area.
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25 March 2024 | 6 replies
I own a single-family home 50/50 with a partner that we've used for Airbnb since 2022.
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26 March 2024 | 22 replies
Just a quick question for the forum's sake... do lenders take into account specific job titles/responsibilities when decision making?
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24 March 2024 | 19 replies
We only did two specific LLC 's based on the address of each property because an accountant advised me to, but I am wondering if this will work?
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25 March 2024 | 11 replies
It is not uncommon to find single family homes in Tyler that are in good shape and rent ready for between 225k-275k.
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25 March 2024 | 2 replies
I plan to flip my first property this year whether it be a mobile home, single family home or land.
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25 March 2024 | 5 replies
Hi Everyone,I want to withdrawal my $88,000 out of my 457b retirement account to assist me in purchasing a rental property.
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25 March 2024 | 6 replies
I recomend doing a web search on them in terms of their company and work social accounts.