Chris M.
Is seller financing too risky for a first-time home buyer?
21 November 2016 | 7 replies
There are always exceptions.
Eugene Lee
San Diego - CPA Recommendations
20 November 2017 | 10 replies
So you would think we get hammered with taxes but I feel we pay our legal obligation but get virtually every write off we are entitled to.He is exactly what we desire in a tax man except for it would be nice if he did not cost as much but sometimes you get what you pay for.
Tyler Brown
First investment property - Single family vs. Multi family
17 July 2016 | 14 replies
With very few exceptions, I must disagree.
Sarah Cox
Scared to make phone calls!
6 August 2016 | 18 replies
When I was wholesaling this was the part that I absolutely hated, except in my end I was receiving the calls as I did a mail campaign and people were responding off of that back to me.
Trevon Peracca
Can I get a conventional/FHA/VA 30 year loan on a mobile Home?
21 July 2016 | 5 replies
I don't deal in government backed loans, but I thought - with one exception - that the home had to be on a permanent foundation and attached to the land with the land in the deal.
Nitin Dhiman
Contributions to Solo 401k
24 February 2017 | 9 replies
@Jonathan ThompsonAnother item to keep in mind is that all of your self employment income from all sources can be aggregated for purposes of contributing to the Solo 401k.Here is an except from an article written by Calcpa.orgWhen a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).
Jocelyn Evans
Hard money lenders that don't require you to have assets?
28 October 2016 | 8 replies
Beware any HML that wants advance fees with the exception of an appraisal.
Solomon Oh
Student Housing
1 November 2016 | 1 reply
Being a student is not a protected class (handicap, national origin etc) so as long as you do it across the board with no exceptions then you'll be fine.
Yoshioka Jones
203k vs 401k to purchase a fixer upper
18 August 2016 | 2 replies
Remember, unless you qualify for an exception, your going to be taxed (fined) on taking money out of your 401K early; so depending on how much you remove, your "savings" could be potentially whipped out.
Amir B.
Investing in Parma OH
31 January 2017 | 14 replies
The return is better on these houses than what I'm getting in the stock market (except for 2013 or whatever crazy up year we had somewhat recently.)