I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...
What's the best way you guys have utilized income from tenants who are applying for one of your apartments where the couple are both restaurant workers as well as work at the same place? I called today and someone sa...
Hello,I would like to know once i hire a PM how much should i pay him to manage my prehabs i will be doing. His responsibilities will be to manage the prehab and to set milestones for contractors, pulling permits, an...
In regards to using a handyman or simple day laborer for small projects, what can I do to limit my liability? Say if a worker I hire for yard work cuts off a toe, will my property liability insurance cover something l...
Is it possible to set up a SEP IRA to be a self directed IRA/checkbook IRA/LLC IRA? I max out employer sponsored 401k. In addition have a separate C corp and am considering setting up a SEP IRA. Not eligible for Rot...
Let me clarify...I'm not talking about age, race, religion, sex, national origin, handicap, or marital status. I work at a tourist attraction and environmental organization in FL which happens to be located right smac...
My wife and I are expecting our first child in June. We have 65 rental units (single family, duplex, triplex, multi, commercial etc) and we both have full time jobs. Currently, we self manage all of them and do the ...
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Yes, there has been a change in the tax law regarding the bonus depreciation percentage.Previously, the bonus depreciation percentage was 100%, allowing businesses to deduct 100% of the cost of qualified assets placed...
First off, many people ask where the Employee Retention Tax Credit (ERTC) originated from?
The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses t...