I am looking to buy a property in the West Palm Beach area, and just read this on the Palm Beach County Property Appraiser website:
"*Buyers take note: Taxes will change and often increase substantially when a proper...

Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount?  I know the difference between GROSS and ...

Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...

I recently got the idea to go exempt all year on my W2 job and pay no state or federal tax. Save all that extra money & then use that extra income to buy a duplex. Using the cash flow from the duplex to pay back t...

So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...

I'm looking to set up a business entity for wholesaling. Should I use an LLC or a c-corp or s-corp. Any recommendations? I've also been looking at using services from either Anderson Advisors or ProVision. Has anyone ...

I spoke with someone that couldn't find a replacement property that "fit" into their investment criteria. So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likel...

I currently have two LLCs. I have my Wyoming holding company and that owns my wholesale LLC that's owned by me and my partner. How do I have them filed as? I am new to the LLC world and I hear a bunch of different thi...

When analyzing a deal, should one factor in future appreciation, annual mortgage reduction, and  tax savings from depreciation (offsetting other passive investment income) when calculating ROI? I  am looking at a prop...

Hello everyone,Now that is tax season, I have a question related to this topic.I bought a fourplex via FHA loan and I currently live in one unit, I have been fixing and updating all units so I could rent them out whic...