I live in a small (8000 population) an hour and a half south of KC. We are the county seat and the population of the county is about 25k. In my opinion the town is not as health economically as what it was even 5...
This is my first year to try furnished rentals and want to be prepared for the tax man. Who pays self-employment tax? What qualifies for passive income? Has anyone looked into furnished rental income? Is it passive? ...
Hi,So Ive been going back and forth on trying out Smart Move. I recently signed up and actually sent myself an application, credit and background check. Fill it out, Blah.. Blah.My Question is On the Income verificati...
Could deducting real estate losses against your earned income affect the amount of income you can place into a 401k or Solo 401k? Example: if you claim REPS status or you use the STR active status to deduct a total of...
Hi folks,I am thinking about buying a rental property in Dallas. Can you please recommend good zip codes or neighborhood that I should look into. I am thinking around Plano, McKinney, Allen What kind of tenants do the...
When you wholesale houses, do you have to pay short-term capital gains for each deal?
I wasn't sure how this worked.
Hello a few years back I lost everything after my job closed down, now I am looking for some good advice on how to get my back taxes paid, clean up my credit and learn how to make some good sound investments for my fu...
I'm currently living in a duplex I own, work full time, but my employer doesn't offer a retirement plan. I'm considering starting an LLC that I can run rental income and expenses through for the main purpose of starti...
Hello, I am new to the bigger pockets forums as this is my first post!Me and my dad currently flip properties in the philadelphia/south jersey area. The handful of flips we have done in the past have all been long ter...
Hey there, I know there's already a thread about this, but I read through it and still don't feel like I have a great answer. My question is the same. I am a travel nurse, and I've had trouble getting a mortgage for 2...