Sweat Equity Taxation in Real Estate Investing:
Real estate investment is a time-tested method for wealth creation and financial stability. While many investors use cash to purchase properties, others opt for a diffe...
I was trying to find a calculator online to compare a Roth vs Traditional 401k (or IRA). I found several, but they all seem to be making the same fundamental mistake. I am posting this finding here to see if anyone ...
So I partnered with my brother this last year. We have yet to finalized our partnership agreement. We can't come to agreement on if one of us wants to exit the partnership. Does anybody have any suggestions for how to...
So my duplex was vacant for almost a year (could have been more aggressive with finding tenants) and I was let go from my job back in January so I was bleeding for a while. I got a good paying job and my property is n...
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
I own a duplex in my name only. I also own other properties in my LLC, which is comprised of two other unrelated partners. Can I quit claim deed my duplex over to my LLC, and have my partners pay me directly for 2/3 v...
Rather than buy property, can I create an agreement to foot the rehab, and sell it (im licensed) and split profits equal with seller?anyone done that and how structured with attorney? seller owes 60k. ARV 175k. Rehab ...
If me and my friend have an llc company together and we both are 50/50 in this. If I sell him a property of mine is it legal to invest the profit from the property in the llc we both own.
Three others and I are looking to start a partnership with an Operating Agreement. Each of us are contributing different amounts financially:1. $50k2. $20k3. $10k4. Sweat equityHow have others set up the percentage pa...
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...