Hey Guys!
This is going to be quick- I promise!
I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...
Can I use my ROTH IRA for REI? I am having trouble finding examples specifically rolling a ROTH to a self directed IRA for REI.
I have an single member LLC newly formed in late 2017. I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018. I have not elected to be treated as an S Corp at this time. Nearly all ren...
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
Please advise on how to convert a 401 k to self direct 401k to divest my portfolio
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
I would like to hear some feedback from fellow Keller Williams agents in the commercial division. I am contemplating a commercial career and if I stay with KW I would be the first commercial broker in Milwaukee. Which...
https://www.irs.gov/newsroom/new-law-makes-clear-c...This is a bit of a narrow niche, but this change impacts at least a half dozen of my clients (all of whom are prior military, and two of whom are REIs) - so I thoug...
I was a sole proprietor of small business which I sold in July of 2020. I had a Solo 401K for my wife and I. Can I still contribute to my old solo 401k moving forward now that I no longer own the business. At the m...
My wife and I are going to be selling our house here in the next few weeks. We bought this home in September 2019 and initially planned to be here for 2 years before we sold to take advantage of the tax benefits but w...