Sorry for the delay. It took me a bit to retype this. Some of the price fields are blank and also where I put "house we purchased", that actually originally read the address or you could put the street name house. Exa...
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
I will be investing from out of state (I'm from Argentina). I'm looking for an attorney and a CPA who could advise which direction to take with the LLC setup.
I will be investing:
Real estate - I will buy 1/2 renta...
I'm interested in a duplex (zoned R1V2) in Los Angeles (near the beach). One of the tenant's leases includes the use of a backyard unpermitted garage studio. I'd like to legally convert it to an ADU (which I hope is f...
Effective property management is crucial for landlords seeking to maximize their rental income and maintain satisfied tenants. In this comprehensive blog series, we will delve into expert tips and strategies to help l...
Investing in Opportunity Zones can offer significant tax advantages, including deferred and reduced capital gains tax and tax-free appreciation on long-term investments.Key Points:
Tax Deferral: Capital gains reinves...
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
Hey everybody,A bunch of the OMs I'm getting sent include a principal reduction in the financial analysis. It's factored into the cash-on-cash return and increases it so it makes the returns look much better and the p...
The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.
Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot h...
Hi everyone,I am getting into wholesaling and lease options. Note buying after a downturn. Including my day job (135k/yr) that means a whole lot of taxes to pay.Does anyone have advise on how to reduce taxes for someo...