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/
I have a 80 person housing market research firm, and learned in the mid-2000s that individual investors can add up to make a big impact on the overall housing market. 2 of our 10 qualitative indicators of a potential ...
Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine... Multifamily investors, it's your time to shine!
In 50 words or less, let us know: What has contributed most to the growth betwee...