Hey guys! Question -- would a traditional bank give me a conventional mortgage for my first investment property if I live outside of the US and earn income outside of the US? I'm a US citizen, file taxes in US, have ...
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
If you have high earned income and can funnel some of the extra money into your passive real estate business to make repairs etc that supplements the passive cash flow, can you still write these expense of as business...
For Landlords, Rising Housing Costs Make It Harder to Earn Passive Income
BP's Scott Trench is quoted. A good read.
Hi everyone.I am a Canadian citizen residing in Canada. I have opportunities to earn income from the US, by:- working remotely for a US firm- or owning rental properties in the US.For each case, do I need to file tax ...
When renting to travel nurses for 3 month periods, are rent payments considered earned or passive income
I did first flip in '17, at which time the CPA & I agreed to draw SSA at 66.5 yoa. Now, in '18 with 1 rental, he says 62 yoa in '19, if no earned income (to avoid tax on SSA. I have unearned income from military...
I understand that things like rent are considered passive income and that sales are considered capital gains, and both are disqualified as qualifying income from which to make Roth IRA contributions. So I need to cla...
My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...
Hi. I have never owned real estate before, but I have an interest in real estate investing. How much income must I earn to qualify to purchase a property in the Sacramento area? I'd like to purchase a foreclosure prop...