Ok so I hired my son to work on my rental , he is 17. Some of what he does is not 1099 work but employee work so we should be withholding taxes and sending to the IRS. can anyone recommend an inexpensive service...

Okay...So I have been studying this problem for years since I started doing sub-to purchases/wrap sales and it gets more confusing every time I look at it. I was hoping one of the tax wizards on the board could expla...

I had COVID (totally no big deal), so I'm allowed to take money out of my retirement accounts.  Any thoughts on this?  Anyone doing this?  My vision is taking out the cash, BRRRR, repay within 3 years and viola I got ...

Hello,This is my first year having my taxes done by a CPA.  When tax season slows down, I will gladly pay to sit down with him to answer questionsIn the meantime, I'm trying go get a grip on a simplified breakdown.  T...

Getting ready to move on from an investment property and looking for some advice.  Here are the particulars for my situation:Property includes a duplex (we live in one unit and rent the other), commercial building/res...

So I'm not a true real estate investor. Not yet at least.

I'm currently going to close on a brand new Quadruplex on the 27th (dec 12) using a VA loan for 100% financing at 3.5%.

I'll be living in one unit, and ren...

Hello fellow BPers!I'm a newbie investor who has been looking for my first buy and hold property for the past couple months. As I continue my search for the first rental, I am debating my overall strategy on how I sho...

Me and my wife have lived in our home for almost about a year and a half.  We have gained quite a bit of equity in our home and are wanting to move into a larger home.  We have found out that since we haven't lived th...

is a Roth IRA a good investment ?

I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey. I did some major rehab (new roof, windows, etc) and also ...