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...
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 ...
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...
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...
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 ...
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 ...
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...
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...
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
The psychology of wanting to own an investment property outright is probably blurring my thinking regarding looking at this situation purely from a cash flow/leveraging equity perspective. Yes, I want my equity to wo...