Jon Saddler
Retirement rollover to Solo 401K to invest in multifamily
Hi All! Interested in the community's thoughts on one possible game plan for investing in my first multifamily:I currently own two single family rentals, and my goal is to grow my portfolio to eventually replace my in...
Mark Ryan Peterson
Please Help a lost Newbie!
Hi everyone,
My name is Mark and I need some direction. I am a self employed commercial fisherman who makes 150 to 200k a year. I am totally fine with this income at the moment but the only problem is when the tax m...
Lashawn McCauley
NYC Program that pays 1 full year of rent
NYC's Human Resource Administration (Public Assistance) has a program called S.O.T.A (Special One Time Assistance) specifically for employed people whom live in NYC shelter system. (Most of the people fell upon hard ...
N/A N/A
Are my calculations correct ?
Hi,
The point of this message is to try and find out what a good real estate investor does when crunching the numbers before they acquire real estate. Can you please look at what I did below and tell me the pos. and ...
Michael Hammond
Solo 401K for LLC and S-Corp
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...
Jim Ballatin
How do I use my Roth account to invest in real estate?
Do I need an attorney to make the withdrawal from a Roth account through Fidelity?
Account Closed
Help me pick an SEP Retirement plan
My tax adviser is telling me I need to set up an SEP Retirement plan to lessen my tax burden this year. I am primarily trying to shelter profit from a flip. I am a W2 wager earner and have rental income as well. I do ...
Susan K.
Paying taxes on Flips is it worth it as a business?
If flipping is a bad tax strategy or one of the worst RE strategies as far as taxation, how DO you make money by flipping? I have read many different posts that talk about how if your goal is to minimize taxes, flipp...
Jake Anderson
Tax Shelter Through Real Estate
Looking for ideas, not specific investments but general ideas, on sheltering income from tax by investing in real estate. I will be earning some significant sums of income over the next two years. Unfortunately none...
Jamie Montpellier
Would you liquidate the RRSP for an investment property?
Hello everyone,The idea behind an RRSP (registered retirement savings plan) is to shelter the taxes you will pay on your income until you eventually find yourself in a lower tax-bracket. Well, I'm asking all of you, ...