Mark Nugent
Cut back on 401K contributions to free up investment capital?
I'm just about to close on my first rental property -- a duplex. Currently, my wife and I contribute the yearly maximum to our employer 401K plans to decrease our taxable income. However, now we are considering r...
Oliver Betuel
Paying myself with rental property cashflow
Hi All,
Can anyone recommend reading material (BP articles etc) that covers how I can pay myself each month with my rental property cashflow? More specifically, how do I calculate what I need to set aside for taxes b...
Rasheed Mcdaniel
Looking for a good CPA in then philadelphia area
Hello, I'm new to investing. I've been doing research for a while and finally pulled the trigger a few months ago house hacking a duplex. Since I'm now a property owner and investor I'm looking to have my taxes done b...
Daria B.
Out of state tax obligation
I live in Florida - a no income tax state. I have a rental in MD that I have to file a state tax form for at tax time.
My question#1 is for those investing in a state that is a no income tax state (Florida, Texas,etc...
Tiffy W.
LLC's R/E losses to Personal Income tax 1040
Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
Emad Nasser
How does the bank look at depreciation in the statement
Hello guys i need help with thisHow does the bank look at depreciation in your financial statement if your company makes good amount of profits but after depreciation and inventory adjustments kicks in your taxable ne...
Tony Lin
Calculating UBIT as a passive syndication investor
I'm exploring SD checkbook IRA thanks to the advice on this forum. Unfortunately I don't qualify for solo-401k since I have no self business generating 1099 income... I wanted to see how UBIT is calculated in a IRA LL...
Cecilia Arnulphi
What is a 990-T, for a SDIRA?
I have a note that I bought from my SDIRA and now I am finding out that I have to obtain an EIN for my self directed IRA. Can anyone explain what this is? I did not know I had to file taxes on a SDIRA and apparently...
Chris Heeren
Owner Deposits & Withdrawals from Single Member LLC
I currently have a Single Member LLC's in Wisconsin that holds rental property. In 2016 I started depositing funds into the LLC from my personal account to help buy properties all cash, after I refinance them I would ...
Dustin Faeth
Investing with Self Directed Retirement Account Funds
If I have personal retirement funds in a self directed IRA right now, what options do I have for investing this in real estate? And can I use this money to invest in real estate for my own business (to fund rehab cos...