I listened to my real estate agent and opened up an S corp few years ago, since then I have purchase a few rental properties and was able finance a 2 of them and purchased the rest in cash.  is financing/buying a new ...

How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...

Wholesaling as you may or may not know is a way of investing in real estate by placing properties under contract typically at below market value with the sole purpose of transferring that contract to a cash buyer at a...

Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...

Thanks for taking the time to review in advance. I just wanted to get some clarity on proper protocol.  On a partnership LLC, when you do a distribution , are you offsetting account for your owner contribution , ( so ...

Do you still contribute to your Roth IRA even though you can get better returns on real estate? I have maxed out my Roth IRA for the last 3 years. This year, I have the money to max it out again, but I don’t know if I...

BP,How can I get money for a down payment to a holding LLC?My partner and I plan to purchase our first investment property under a LLC we are setting up for this venture.  We plan to own the company equally.He is the ...

I have a full time job 9-5 where I contribute to 401k in full and Traditional IRA around 1,000 due to income limitationsI also have a side job (Sole Prop) where net income will be close to 50K in 2018. I am planning t...

You all may know that you can make ROTH IRA contributions for year 2019 until July 14th 2020. Contributions can also be made for 2020 as well.2019 - We are about to make those contribution in 2019. Since our MFJ MAGin...