My question is what concerns do I have if I repay myself the money I invested in my S corp or can be LLC. My plan is to put money in my already established S corp or start LLC. Buy a home cash sell it to myself on co...
In my opinion tax deed sales is one of the most profitable ways to make money in Real Estate. My problem is I have no money to invest. Are there any Hard Money Lenders or Equity Partners that give some sort of prefere...
Sitting around tonight paying the tax bills on the ppties that we're holding first position paper on. Got to the bottom of the pile and had our two houses and and vacant lots, wrote the checks and realized something:
...
Hello BP, I have this nagging thought in my head: will borrowing from one's 401k cause double taxation? Since it's being paid back with after tax dollars, then get's taxed when it is distributed at retirement.
Just completed our second BRRR and working on our first flip! Very excited about acquiring more real estate. This question goes out to all the realtors. I am a financial advisor in Oregon who is working with realtors ...
So I have a family member who is willing to finance my deals but we have run into a hurdle. The family member thinks that if he pulls say $150,000 out of his stock portfolio for a loan that he would be taxed 22% on th...
Does anyone know the limit for untaxable gift money per year applied to a non owner occupied SFR in California? We thought it was 13K. Period. Now, in another post I've learned it may be less if applied to a noo.
Purchasing OTC tax liens can be fun but here are two examples of how to lose money when a purchased tax lien is redeemed.
Mohave and Maricopa Counties in Az both charge administrative fees that must be paid by the pur...
Hey everyone,
I'm a 30 year old real estate agent who owns a team in the DC area. I'm looking for some tax advice.
I'm making over $500k / year in my business and living well below my means. I'm looking to invest mo...
Hello,I made some crypto investments in late 2021 under Celsius Network since Celsius Network filed bankruptcy, is the money lost their tax deductible? Appreciate your inputs.Thanks