How many times have we seen posters claim that NOW is a once-in-a-lifetime opportunity to buy property? Well...NOT SO FAST. Here's an excellent article that discusses why real estate prices are headed lower:
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I have been managing my own rental properties for last five years and I have a full time job besides my rentals so I have never paid myself any management fee. I heard some of investors suggested I should pay myself 1...
Hi,
I understand that the Employer (Single member Sub-S) contribution is tax deductible for the Company, however the Company pays both side of the ss/medicare (15.30%) tax. The question is, what is the cost of say a ...
Good Afternoon everyone, This question is from my mom, she is 58 and owns several homes in Colorado, Arizona, and New Hampshire. She was considering applying for an LLC so that her and I could manage these properties ...
OK..so I always contract out my rehabbs with a small degree of contracting on my own part. I have found a very good painter and electrician that are out of work. I am considering just hiring them full time. I use them...
Hi Experts
I just started a IT consulting firm.
I am hiring an employee to work for me but I want to pay him a fixed salary every month and I don’t want to pay medical, 401k etc
So is it ok to hire him on W2? Since...
I have a full-time job and my employer offers traditional 401k. I have read a lot about the advantages of self-directed 401k, especially for REI. I would like to know if I can open a self-directed 401k when I buy my f...
I want to get into real estate investing across multiple states. I also have my own side hustle handyman business (inactive I am not doing any work). Question: I was planning on closing the business. However would ...
My mother and I sold a property we jointly own, and took back a loan in the form of a Promissory Note and Deed of Trust. The borrower is paying the note on time every month. Now my mother wants to move the note and De...
This may be a dumb question but I am just getting started and trying to figure out all of my potential costs before I invest.
Do you have to pay the normal capital gains tax on a property when you sell it for...