My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...

Hey BP! My name is Noah Simmons and I am new to the REI world. Currently I am subbing out my work as a contractor for real estate investors and with every job over about 500 bucks I’ve been paid through a 1099 rather ...

Hi, I purchased a house in Rockland Ma last May 27th 2016. It is a flip, and i'm getting ready to put it on the market. I am trying to figure out what I will owe for taxes. I'm looking to be creative and maximize my r...

Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...

Has anyone use forgiveness of debt if a tenant leaves/evicted owing back rent money? A quick google search... If a creditor discharged a debt of $600 or more, you should receive a Form 1099-C from the IRS showing the ...

Hi everyone, I quit my job last year around May 2019 to do a coding bootcamp to change career. I had around 40K in Fidelity 401K account and I rollover-ed to TDAmeritrade when I left the company. The current account t...

In J Scott's book he says he wants at minimum 10% ARV in profit for a flip. Is this pre-tax or post-tax? For example, let's say you're paying 40% taxes on all profits due to being in the 24% tax bracket and having to ...

Hey guys,
I'm still in my "learning about real estate" stage. I just got Amanda Han's book on tax deductions.

My question is, how do investors realize that $200/mo cash flow from a property? Obviously it would be go...

Hi there,my sister and I have flipped 2 properties over the last 2 years and now the tax payment is due. Unfortunately we both aren't particularly well informed in that department and I would really like to get a seco...

All of my income is passive from rentals. Therefore I do not pay any self employment taxes (15.3%). Since I have no active income, I cannot contribute to any retirement accounts.
Does it make sense to convert some of...