Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...
I have 3 houses each $2700 a month in mortgage and no other debt; no credit card, no car nothing else. My total expense is $2700*3=$8100 monthly. My question is in order to buy my 4th house 1million dollar FHA 3.5 ...
I was recently at a tax auction in SC and almost all of the properties with taxable values of over 75k sold at between 70% and 125% of their tax values regardless of the taxes due and the interest earned. Often the ex...
Earlier this morning I finished reading Rich Dad Poor Dad after having purchased it saturday afternoon and it's got me thinking about the strategy I'm using to save for my first down payment. I am currently putting at...
Is anyone aware of any Savings Accounts that pay high yield savings (1.6% or more) that allows you to open the account in your Solo 401k Trust EIN? I would like to be able to put my money to work in such an account w...
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
Dear BP Family:I'm thinking of trying a 'House Hack' using my own future primary residence. I have a foreclosure option that can be purchased cash and then potentially refinanced into an LLC. Has anyone ever thought...
I am due to recieve 50k in captial gains from an inheritance this week which falls under my 2022 taxes (that now has to be amended). In talking to my tax lady that 50k throws me into another tax bracket which has me l...
I have a 4xunit building in Minnesota selling for 240K, of which 106K goes to clear the bank, leaving 134K. Through a 1013 exchange, would it be possible to purchase a new property, for say,280K using the 134K plus 46...
Getting a little frustrated with not being able to get a straight answer on this. I purchased the Tax Certificate on a property in the Monte Sano area of Birmingham in August. Property was sold to State in May 2017....