I got my first flip on the market and have no idea about taxes at all. We are approaching the end of the year and I have always had a w-2 job or was in the Navy so taxes were very simple and I could do them for free o...

Hi all, I'm looking for some advice on how I can best structure my retirement account real estate investments to leverage my real estate knowledge for these long-haul accounts.  Background: Experienced and diverse rea...

Good morning all, I have formed an LLC out of state in order to insulate myself when buying mortgage notes. If I put that asset in the name of my LLC and receive payments through it, I am assuming I will have to pay s...

I bought a SF home in Lake Worth, Florida using a line of credit.  I am attempting to mortgage the property to pay off the line of credit so that I can pursue other deals.   The amount needed is only about $130,000 an...

Question for my 2022 and 2023 taxes:I qualify as a Real Estate Professional and I did a cost segregation last year. That led to a qualified business loss of 78k to carry over from 2021. For 2022 tax year I am going to...

I have two questions:

My wife and I are forming an LLC. Can we both have a solo 401K?
Can a portion of a standard 401k be rolled over into a solo 401K?

Thanks for the help

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

I am a US citizen that works out in Japan as an Expat Contractor for the US military. I searched around the forums and haven't seen any recent postings on this topic, but does anyone have any good recommendations on E...