Kyle B.
Avoiding Self Employment Taxes
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
Marco Campos
New investor seeking opinions regarding portfolio expansion
I currently own a 4-Plex that gross $3K and cash flows over $2K a month. The property is a B- or C+ type and has at least $300K in equity thanks to the rise in value since the Aug 2012 time frame when I acquired it. I...
Seyi A.
Being Paid as a Contractor instead of a W2 Employee at a new job
I recently started my real estate investing adventure and, like most people, one of the challenges you encounter early on is financing. I'm not quite at the stage where I want to bring on investors, so I am relying o...
David B.
Depreciation to wipe out taxes from early IRA distribution?
Let's say i take an early distribution from my IRA, and buy a rental property.Can I use the new accelerated depreciation to wipe out the taxes that I have to pay on this distribution?
Diana Tian
High Property Tax
we have high property tax in New Jersey, especially taxes I am looking at. for example, the house i am interested now, is priced at $350k and property tax is $9,500~ it is usual in the neighborhood...except for high m...
Phillip Joyner Jr
Property Manager Promotion Pay Increase
We are transitioning management of about 90 doors from our home office to one of our local apartment property managers. She is currently managing 104 unit apartment complex. These new doors will obviously be an additi...
Matthew Leal
Looking for Real Estate Lawyer
Looking for a real estate lawyer recommendations in Massachusetts that knows a bit about private lending, closer to Leominster the better. I am looking to partner with someone who would be managing the project and I w...
Jason Malabute
FIRST PURCHASE DILEMA
I have kind of a unique problem as I am trying to purchase my first rental property.I am 28 and looking to purchase my first property. I am interested in getting an owner occupied duplex. My research so far has made m...
Juan David Maldonado
Good idea trade in and purchase new car?
Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report?
Andrew Fidler
QUIT MY J-O-B!!! Rental Income > Salary = Time to Resign
I didn't see a Dave Ramsey style "I'M JOB FREE" scream forum so I picked this one.I just concluded resignation from 18 years of salaried work in the environmental field, over a decade as a project manager. I walked a...