So I'm curious to get the perspective of other BP members, and I guess in particular those who are more seasoned on the site.I'm sure a number of you are members of other forums where noobs are flamed for asking quest...

We are looking to start an LLC as a genuine construction company and would also like to use the company to purchase timber land. The thought is that the LLC would be used to cover the operating costs and as a tax she...

Hey BP!
I have about $10k of self employment income for the tax year 2019.I want to have that income count towards my DTI for future BRRRR refi mortgages.If I make a large contribution from that self employment profi...

how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage...

Any CPAs out there?  I'm under contract on a house in the Florida Panhandle.  As part of the deal, we, the buyers, are making a charitable contribution to the the 503c of the seller's choice.  Would this contribution ...

I’m glad to join the site and look forward to learning from you alll!

3 quick questions.   I setup a solo 401k and wanted to confirm something.   I am personally listed as the employer and employee.  I know I can contribution $18k as the employee and 25% of income as the employer.  Ques...

I am wondering if it's better to LOAN my LLC start up funds or CONTRIBUTE them. What is best tax-wise? I'm trying to do my own bookkeeping and taxes (stupid, I know, but I'm a hands-on person). 2018 was our first year...

Hi BP! My partner is using his VA loan to purchase a house with me. The house is 850k and downpayment is 42k. Closing will be 25k. My partner believes I should pay for both the downpayment and closing cost because he...

http://whitecoatinvestor.com/multiple-401k-rules/