Hi Everyone,We are business owners (construction co) classified as S corp, 2 members -  paid with W2 income from the business.We deferred salary for 2024 to a Solo 401K.  Are we required to pay FICA tax on the deferre...

Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...

Hi All, I have a house hack which is a duplex. I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms. I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only...

Can you take rental income from a rental property and put it in a solo 401k and therefore delay the taxes on the rental income?

Any suggestions of the best website to get a property on the MLS?

I think we can do it for $ 200-$ 300?

Hi to all, I had an interview with an attorney real estate attorney in which it went well. The question I have for you guys is .. The attorney told me that I have to options to create a LLC entity and the first one is...

Area - Chicago NW Suburbs

16 Miles from my place.

2Bed/1Bath Apt

Looks Clean, Move-in Ready

Bid Price - 38,500

Asking Price - 35,000

Offer Accepted by Fannie Mae Today.

...

The investor’s portfolio I am advising currently looks like this:25 SFRsValue: approximately 1 million All properties owned, no debt Monthly cash flow: approximately 10kWhat are the best options for this particular in...

Hello experts out there,
I just got the inspection report, and wondering if there are things I need to be concerned about? or major concern? are these typical for a house built in 1974? I'm currently waiting for the ...

Hey everyone,     First off, I hope everybody is safe and doing ok during this crazy time. I came across this very interesting and informative article that I wanted to share. I’ve had a lot of people asking me, and I’...