Hi follow Dallas investors, my name is Ray, I'm an out-of-state investor from California, and I'm considering using my IRA funds to flip and sell houses in the Dallas area. I'm looking for an investor who has done the...
Investing in short-term rental (STR) properties and using the STR Tax Loophole is one of the few tax strategies that can save physicians with a fairly high W2 income 6 figures in taxes without working full-time in rea...
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
The new tax law starting in 1/1/2018 states you’re now capped out at $10,000 for SALT. There is no distinction between investment and home ownership in the law. That means you can’t legally deduct anymore then $10,000...
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
For those licensed agents out there....when you buy a property for yourself, either personal residence or investment property, you typically receive the buyers agent commission.Is this considered taxable income? Or is...
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...