Paying yourself through the llc
A little background.I am a W-2 earner. My employer also provides a high deductible (HSA) eligible health insurance plan for my wife and me. My wife had a side business and a W-2 job but this year she decided to go fu...
So, I was talking to a friend who is looking to help her father sell his house. He's owned it for many many years and it is in a nice area. The plan is that he will buy a smaller condo for himself and probably another...
Business owner, property investor and commercial realtor here out of South New Jersey and Philadelphia area. I have for many years now read the forums, learned immense amounts of information and figured it was not tim...
I have my first deal under contract and after being pre-qualified with plenty of income and zero debt, I may have hit a roadblock 3 weeks before closing. I went through a divorce where my ex thought it would be a good...
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
I'm in Spokane, WA and like many other markets, single and multi-family property prices are high. I purchased a duplex last year that was priced about $20k less than similar properties ($385,000). I admit that I was e...
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
I found a 3 unit that I think will be a good investment. I can purchase and renovate for less than 75% of the ARV and the rental numbers look pretty good. I'm going to do a more thorough walkthrough with my contractor...
I am not new to investing, but I am very new to deals like this, so let that serve as my disclaimer!(but that's what BP is for, right?) My wife and I have a 3-5 year plan that includes 50-100 SFR. I have found a nice ...