Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Tom Scott
Can I Invest in My Own Business With 401K Money?
Hello all,
As part of my Roth 401K plan I am able to use a portion of my account balance as a self directed investment account. I know I am able to invest that money directly in real estate with the caveat th...
Crystal Robens
Newbie in Virginia looking for advice
So I’m trying to up my game as far as investing in real estate. I have flipped one house that was a “learning experience” (aka I basically broke even lol). Another with a small profit. Then I house hacked by havin...
Amanda Malson
Out Of State Investor
I have a business partner who lives in Texas and would like to invest 150k into a house flip in California. Does anyone know if he would have to pay CA & Texas Income tax on any profit made??? Any other taxes requ...
Tom Murphy
SBA Loans / Paycheck Protection Etc
Is it just me or does anyone else feel like this SBA loan / paycheck protection program is going to be scammed to death by everyone and their brother? It just doesn't make sense. What if I (purely hypothetical) had ...
Jacob Patterson
Tax Consequences When Selling Personal Residence
I regularly flip houses, and consider it my business for tax purposes. Thus, I pay income tax, as well as self employment tax on my gains. I am planning to sell my personal residence, most likely with a profit, and wo...
Andy Chu
How to compensate a construction superintendent
We're lucky enough to start our own crews on getting a consistent job level to be able to hire our own team. The problem now is that managing these people appears to be impossible without some type of supervision. We'...
Account Closed
Cash-out refinance to Much higher rate, worth it?
I own two rentals; One with significant equity and one with ~ 25% equity. I would like to buy a third investment property, but around here, minimum down payments are well over 50K. I don't have enough cash to cover, b...
Phillip Waltho
Rental Management - Work Around
I have been a property manager in multifamily for over 10 years and have decided to leave that to work in real estate investing. I had a question in regards to the requirements about having a real estate license to ma...
Anthia Rymer
Health Insurance and Financial Freedom
Once you reach "Level 1" of financial freedom (as Brandon would say), what do you do about health insurance for your family? Thanks.