Hi everyone! I'm wondering what the differences would be between a double close vs contract assignment when tax time comes? As far as I can tell for contract assignment it would be income tax + self employment tax. Fo...

I'm looking for an investment vehicle with little to no risk that doesn't generate taxable income until I want to cash it in some number of years in future. Obviously savings account might be 2.2%, but it continously ...

On a wholesale deal. $50k total sale, $11k profit. Double close process. 1099S form says $50k gross proceeds. Is wholesaler responsible for taxes on the whole 50k even though $11k was all they received???Or should thi...

I own & manage a Rental Office Building & have a LLC to manage all related affairs.Can my LLC open a Individual 401k for retirement savings ??Thanks

I'm currently in RE School and I was curious if lenders give RE Agents a hard time when it comes to income. All of our pay is based on commissions so what do lenders look at? Do they average all the months out to find...

Here is my situation: I currently have a decent chunk of money in a few accounts from a former employer's retirement program.  They are 401a and 403b's.  The current custodian is TIAA.  I have not worked for this empl...

I apologize if this has already been answered.  I tried searching for the answer to my question, but was unable to find it.I just finished reading the BP book on tax strategies and am interested in setting up a solo 4...

I have a 2 part question: 1. Can you refinance a non confirming loan (its currently a 7 year balloon) We will full payment in 5-6 more years. If yo can refi, any suggestions on with whom? 2. I want o take my old 401k...

Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property? 

Hello,I have been reading up on self-directed IRA's and solo 401k's. I feel like I am starting to understand some of the details now, and have a tentative plan. I'm looking for any feedback/issues with it. Hopefully...