Do you use your real estate income to finance other non-R/E investments or you just raise capital for the non-R/E investment you want to jump in?
I use some of the real estate income to finance other investme...
Hi everyone. My partner and myself are corporate slaves, we work long hours in stressful jobs. We live frugally and our personal expenses are $1500 a month combined excluding rent. Our monthly income after tax is $100...
The other day I was having a discussion with some associates about the upcoming Presidential Election, and one of them brought up the Democratic Candidate Andrew Young and his Universal Basic Income Plan called "The F...
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
How is real estate cash flow/passive income taxed? Is it better to live in a state with income tax (e.g. California) or a state with high property tax (e.g. Texas) to minimize taxes on the passive income/cash flow gen...
When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...
HelpAnthony Robbins said the secret of success is to shape the successful. When they started in real estate to create passive income, they started flipping houses or leasing and after a few years they sold, or leased ...
Hi All,So...I am new to all of this. I accidentally stumbled on real estate wholesaling while searching indeed for a job last week. It peaked my interest.I have my first property under contract.Can someone tell me (if...