Question for the SEP and Solo 401K experts. Suppose a Solo Financial Advisor pays himself a W2 of $50k in 2016 and has a Net Profit of $60,000 for his SCorp in 2016. What is the maximum amount the Solo FA can tax def...
After 8 years, we are finally beginning a Safety Committee for our development. Our biggest problem with safety is the speeding from both people who live inside and outside of the community. Can anyone share what ha...
hello all,Being proactive, I am wondering about what we actually need when creating LLC to hold properties. Whenever I go on many LLC forming website, they offer many things like operating agreement, seals, etc.Questi...
Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...
The girl buying my house got a USDA loan. Everything has came back good and she came Thursday to get a water sample. Thursday was also the 30th day of the 60 does anyone know how long or how close we may be now to ...
Hey everyone,
I'm at a crossroads in deciding how to form my LLC and could use some insights from the community here. I've considered using ZenBusiness or consulting a local attorney for the formation process. Here's...
What are the risks and benefits of buying a HUD home as an investment??
Hello everyone! I have a couple questions that I was hoping to get some feedback for, and any help/input from you guys would be much appreciated!My situation: I own a SFH that was my primary residence from the time I ...
I was recently approved and received loan terms for a new construction SFR spec loan. I have experience with fix and flip but this is my first new construction project. The interest rate is 12.5%, which is understan...
I'm under contract for a duplex in Port Richmond. It does not have the proper zoning but it is build out correctly. It has separate gas, electric, two hot water heaters, etc. Has anyone been successful in going throug...