Rich Hupper
Employee Vs Self Employed
Why would a single filer full time employee for ABC company making 100k per year in the 28% tax bracketEver want to becoming self employed and have to start paying self employment tax? So basically 28% + 15%?What is t...
David Holland
Baltimore city rental in S-corp or LLC
Can anyone explain why I would hold a rental in Baltimore City in a LLC as opposed to an S-corp? I was told at the local REIA not to use a S-corp. I'm paying cash for the property but may do cash out refi next year to...
Sean Hayes
Young entrepreneur from Georgia
I am 23 year old Marine Veteran looking to earn some extra cash flow. I am Co-owner of CrossFit Croton in Lawrenceville, Ga and also go to school full time. Time is very valuable to me. I want to earn some extra cash ...
Micah Dean
Advice: How do you know if a Lending agency is reputable? Best ways to vet lenders?
We completed our first fix and flip with cash and earned a 78% ROI. I now need a lender who can help me purchase my next properties so that I maximize the profits from my first property. Any advice for shopping for l...
Leo Day
Does multi-family/apartment home appreciate as fast as single family homes?
Hi BP,New member here trying to gain some knowledge.Assuming in a fast growing city like Phenix, AZ what is the pro/cons for picking few single family homes for long term rental/cash flow comparing of buying a multifa...
Sam Tright
What strategies are you using to minimize taxes?
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...
Kurt Granroth
Where are your funds kept prior to an investment?
A common way to kick-start a real estate investment is to wire the funds to wherever they need to be. Maybe it's $25k, or $50k, or $100k. It's money that you have in an account that is then transferred to somewhere ...
Graeme Black
Directing passive income into a Solo 401k?
I know the correct answer to this ... contact a knowledgeable CPA ... and I am looking for one, but in the mean time I wanted to see if anyone any insight into this.Here is what I want to try to do:Set up an S Corp to...
Nicholas Carlson
Trying to decide next move
I bought an apartment for about 150k in Staten Island NYC about 4-5 years ago that I spent very little money renovating myself and now thru appreciation is worth about 250k mortgage free. I am single and have a steady...
Melanie Johnson
Pay off all Credit Card Debt Before First REI Deal?
Hi everyone! I'm new to the forums and to REI. I haven't done my first deal yet. Actually, my husband and I nearly bought a place earlier this year. That place fell through at the last minute, but although I was hugel...