Catherine Ashley
entity for flipping house, next two years hold retal propoty
which type entity for flipping house, next two years hold rental property should we form? my husband has a property maintenance (DVA), should we open another one for the flipping house? LLC?S? C?which one will be easy...
Brandon Boyd
Getting *PAID* to live in Indianapolis! House-hacking a duplex!
Investment Info:
Multi-family residence buy & hold investment in Indianapolis.
Purchase price: $128,500Cash invested: $22,000
This was a long-distance real estate deal, as my wife and I were renting in Orlando,...
Nicholas Guy
REFI 2018 tax implications.
Hi BP, Im relatively new to your community and trying to soak it all in . I had an idea to refi my house to payoff student loan debt. This would give me a lower interest rate on both and allow me to write off the inte...
Michael Seeker
Self Employment Tax on a Flip
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...
Geoff McFarlane
Sell our home or rent it out?
We bought our current home in 2011 for $97k. We paid cash and have no mortgage. The home is currently worth about $497k. We now have an opportunity to move into my parents home which is bigger and “take it over”. The ...
Account Closed
Existing primary home and house hacking
Hi everyone,
My wife and I live outside of Reno and we have a primary home with a conventional loan at 2.5% interest. Two months ago we lost our youngest daughter and have hit a point we need to escape our hometown f...
Hank Olken
Ethics Around Reducing Tax Liability
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Giovanni D Midili
Which is better? Paying down student debt (~60.000) or investing
Hi,My name is Giovanni and I'm a 30-year-old single dad to a 6-year-old daughter. I currently have about $80k in tax-advantaged accounts (401k, Roth IRA, HSA) and as of last year I've maxed out those accounts. Addit...
Philip L.
Security Deposit Rules
I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...
Jamie Carter
Confused!
Hi All! Newbie Investor here........I'm looking for a way to get passive, steady income and I thought a sure-fire way to do that was to start buying and holding. However, I'm also thinking of relocating from Missouri ...