Hello!
My husband and I are buying our first home. It is a 2240 sq ft. Mobile home (on block foundation) with 4 bedrooms and 3 baths. The property contains five acres, a garage, and a barn with six stalls. This place...
Ok so we just sat down with our CPA and we are going to be absolutely pummeled with taxes for the 2020 year.. Anybody have a strategies for payroll, tax strategies for rental properties, capital gains on flips, tax st...
Hi! As an investor, what is the value of Cash out Refi vs Selling. I understand that I do not have to pay capital gains tax on a cash out refinance. So to that point, why wouldn't I cash out refinance, grab that equ...
Hello BP. I have a conversation going with a seller who has multiple rentals. I made him an offer on one that would work for both of us. He didn't balk at the price but told me tonight after a conversation with his a...
Whether you are new to investing or are seasoned, utilizing sellers assist is an excellent way to leave more money in your pocket without much effect on your mortgage. For example:You are buying a home for $400,000. I...
I am venturing out into buying my 6th rental property and have decided to cash out my 401k < 30k>. I am not sure if other folks here have done it. I will be getting $1000 positive cashflow every all the fixe...
Am I throwing money down the drain by putting it in an IRA?I'm looking at 30yrs before retirement; assuming a 5% yearly stock market appreciation I'd have to put about $2,440 dollars into an IRA every single month for...
Hello Wise Tax Professionals,Quick question for you. I'm not actually in a position to do the below, but I'm going to be a hypothetical person with a crap ton of money in retirement accounts, a mix of 401k and IRA.- I...
Hey BP!I am looking around for an accountant in the Portland/Vancouver area who has RE clients and can speak into how Private Money lending will be taxed. Mine seems to have taken a vacation :( Your help is apprecia...
👋🏼 Hey guys I’m looking for some input. I’ve enjoyed reading everyone’s thoughts and experiences on here so thank you for that!
**I’m looking to expand my real estate portfolio and have the capital to do so. But have...