I keep hearing an ad on another podcast regarding new language needed in an LLC operating agreement by 12/31/17 to stay IRS compliant. Does anyone know anything about this? Sounds like a bunch of marketing BS, but w...

I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...

I just purchased a 2 family home which is being rented out. Are there any NEGATIVE things, tax wise, that come from purchasing a home? I know I can write off expenses, etc to help me out....but anything with a negativ...

Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...

My wife and I live
overseas ~40 weeks out of the year. We visit our former home area the other 12
weeks (4 visits x 3 wks/visit) to manage/renovate/grow our 7-property investment portfolio and to tend to personal ma...

My wife has been out of work due to the virus. She has a hair salon which has been forced to close down during the pandemic. Does anyone know if I will be able to wave the 10% early withdrawal fee if I take a distri...

Hello all,
I am wondering if anybody that has converted their garage into an ADU in CA has had any increases in their property taxes. I am reading the California real estate principles and it appears that the county ...

I have an LLC that I started with my now ex-wife.  I got the LLC in the divorce.  I plan to use this LLC to hold/manage rental properties long term, and basically take care of all my real estate dealings that are not ...

Hi, I saw post mentioning that the rental income isn't taxed the same as W-2, I'm wondering how I can go about figuring out exactly how much positive cashflow I will need to equate my current income of 65k. I know ren...

Hello, I have two family members that are 50/50 owner on title of a house (one lives in the house, one does not), they would like to sell the house to a 3rd family member, and seller finance the sale. I am trying to s...