Hello everyone, I would like to have a FHA loan for my first investment property and put down 3.5% as down payment. even though I don't have a two year work history, I have 6 months of great bank statements. Making 10...
My employer offers a generous retirement plan: 4% company contribution (regardless of whether or not employee contributes) PLUS a 5% company match. In other words, a total of 9% from the employer if the employee c...
What taxes are dividends subject to (not talking about wages i pay myself)?I believe FICA is exempt? Is it just the dividend tax rate of 0/15/20%, or there any additional taxes this money is taxed? For state, is it ju...
Hello,
Quick question about how the IRS looks at 2 types of income in your company.
I have one BRRRR property and now doing a flip on another property.
Does the IRS look at the 2 sets of income completely separatel...
Hey BP! Looking for tips or language to add to a lease (especially during covid) that better protects the landlord against tenants choosing not pay. Has anyone made revisions during this crisis that create greater...
Got a tax question for your pros out there.I have a condo in Florida that I rent out through a property management company for short term rentals. The property management company pays the corresponding taxes into the...
I should note I've been involved in real estate in 1 way or another for many years aND am now looking to get into the investment side of it. Is this a feisable option and process of a short/mid term Single family home...
Hey everyone, I'm trying to see if anyone could help me figure out if I'm able to use my 401k and Roth IRA to buy rental properties. I've tried to google these topics but didn't get much information. I'm 24 and have a...
Disclaimer: I am not a tax professional, and you should talk to yours about the tax strategies that would work best for your situation.Flipping properties has been one of the most popular ways to profit from real est...
Hello All, I am new to investing and trying to fund my first property. I have found a condo that I would like to purchase as an investment property and rent out as a vacation rental. The asking price for the pr...