This is my first year as an LLC taxed as an S corp. I am a single member LLC and anticipate not paying myself until the end of the year. I use to report on Schedule C, but now will be using form 1120 to report the e...
Hi all,
I want to know what I could qualify for:
$293 car rental
$80 school loan
$300 credit car payments
(All of those paid by my company as I am self employed)
$42,000 in salary + monthly owner dividends
$27,00...
While this forum is primarily Real Estate driven I was wondering if there was anybody that took there income earned through Real Estate whether it be via rehabbing,buying and selling, landlording ETC. and invested...
My goal is to get my first property by the end of 2020. I would like to house-hack a multi-unit home and use an FHA loan, but unfortunately I just lost my job. Do you need a salary to qualify for a loan? What if you h...
I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
I am looking to see what people know or think about beyourbank.com They have an elearning about whole life insurance and how that fits into a financial plan. I was wondering if anyone has went down this road and what ...
Hey Investors I have some questions and maybe some of y'all with more experience could point me in the right direction:1. Wife and I have paid a lot of federal income taxes in 2021 (W2) and was wondering if anyone has...
Could someone please explain how partnerships work with a private lender? How do You get their money back to them ASAP while still netting positive cash flow.
Thanks so much in adavance.
Shathan McCoy
My wife and I currently have 2.5 million in single family real estate. we are wanting to buy the land, build the building, and open a fast food franchise.
My question is should we use our old 401k plans. is ta...
If you had $25,000 - $100,000 to invest passively would you rather buy shares in a REIT or put money into a syndication as a limited partner (LP)? Pretend you are a busy professional with $200-400k income (like a mid-...