August 2024 payroll numbers continue to show a resilient job market, despite revisions expected to push the data higher, following a trend seen in previous years. Economists note that job growth in typically underrepo...

I have a SFR in a low income area. I just received an application (with application fee) from a single mother. The local screening service I use didn't come up with any criminal history, but did come up with one renta...

Can somebody who is not self employed, has a lot of equity, excellent credit, no debt and 30 thousand in savings but can only prove very little income because the majority of their income comes from tips, do a cash ou...

My lender will not consider income from my short term rentals as part of my Debt to Income Ratio. Any suggestions or workarounds? (Besides submitting a bogus lease for a “long term tenant”... yes this has been suggest...

Hello,

What are all my flippers out there using as their entity for flips? S-Corp or an LLC?

Can you list the pro and cons of each for this specific application (flipping)?

I have heard S-Corp you can potentially ...

Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...

Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...

Can someone explain the details of a solo 401k? Points I am curious about:-Can you have a Solo 401k and a corporate 401k if you are still employeed?-Is the Solo 401k the same thing as a self directed IRA? (except for ...

Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...

If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...