Oneil Guntner
Roth 401K Match versus save up cash at a more rapid pace
I have been contributing to a Roth 401k at work. In order to get the full match I put in 6% to get a 4% match. It has built up to almost $9,000. I read Scott Trench's Set for Life for the second time the other day and...
Jingwen Ni
Question about saving taxes for high W-2 income
Hello, has anyone approached this issue and was able to overcome it? We are considered high earners and not able to take the passive income loss on schedule E due to the $150k cap thus unable to enjoy the depreciation...
Joseph Harper
Do we LLC if wife is going for RE license?
So my wife and I were brainstorming thinking about how we want to establish our presence in this market and ran across an interesting predicament. She is looking to attend a class and get her license for real estate a...
Brian Dudash
How to estimate income tax for rentals?
Does anyone have any good resources, tips, or ideas on how to roughly calculate/estimate income tax on rental properties?I'm in the process of hopefully buying a rental very soon and while I have everything estimated ...
Monica C.
South Carolina Rental investment
Good morning All! I am construction pm based in California, looking to move to South carolina(family out there is getting older). I would like to secure 2 LTR in next 2 years so I have some established cash flow when...
Tristian Cox
TAX HELP! 1st year investor
Here is the slim & Quick - -I am teacher, base salary 60K, (i referee multiple sports for extra cash)-Feb 22 of last year I bought a duplex - my first property - 165k, 2 2bdr apts. -My split is 700 a month roughly...
Mic Nguyen
Should I move all properties to an S corp
I have 5 properties title to my personal name and 1 title to my real estate company which is an S corp. My CPA says to keep it as is, but didnt really give me a reason why. My goal is to push all the income to the cor...
Bruce Gardner
1099 Contractor Question for Newbie
Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
Marko Zivic
Investment Property (Out of State) to Primary Residence Exchange
Hi Guys!I have a client who lived in a SFH in Pennsylvania from June of 2013 until Feb of 2015. He then found tenants to convert it into a rental property and has been a rental property for him since April of 2015 to ...
Tulan Kantesaria
Tax strategy for LLC
Hello everyoneI am in the Boston area and first time Investment property buyer . Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some ...