I heard that as a Canadian tax payer I am best off with a combination of a Canadian and US entity, does anyone have any advice on what structure to use? Thank you.
Quick question.. when wholesaling, what do you do about taxes and the IRS? Should assignment fees not be reported since your loading your bank account with random checks?
Heard from a more experienced investor that if you are doing a seller finance deal, you can add the seller to your LLC and pay them from that as earned income. We live in a no state income state. Is that called someth...
I am currently in the Earned-Income Quadrant trying to move into the Investor Quadrant. Real-Estate has become my obsession.
I have an existing 401K that I am considering rolling into a solo-401K for single-member LLC side business I have. The brokerage it is with tells me that I am not allowed to invest directly into real estate or notes -...
There is a provision for a 3.8% tax on real estate sold beginning in a couple years as part of health care bill! I did try to verify with snopes. It was confusing and only discussed in terms of owner occupied sale. Di...
I have a young friend, lets call him "Matt" who owns a 4 BR 2.5 BA in a northern VA city just outside Washington, DC. Matt listed the house with an agent asking $439,000 and hopes to sell it at $430,000. He is upsid...
Hello, I am looking for a lender than can help me. I want to use my VA loan, but i work overseas mostly as a contractor. I have good income, but it's reported on my taxes as Foreign Earned Income- I have no W2, no 109...
Does anyone know if Schedule E income can be used (instead of Schedule C) for determining payroll income (owner) for PPP?
Bonus depreciation is a powerful tax benefit but even some of the most seasoned real estate investors have never heard of bonus depreciation. Why not?
It’s traditionally been a tax benefit reserved for developers tha...