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Results (10000)
James Sedano IRA withdrawal to fund investment properties, can a cost seg help to reduce tax bill?
14 October 2024 | 12 replies

Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024. 
I didn’t paid the 10% penalty fee. 
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...

19 April, 2017
BiggerPockets Podcast 223: How to Become “Set for Life” Through House Hacking, Frugality, and Maximizing Your Income with Scott Trench

A lot of people want to achieve financial freedom—but many who start the journey never arrive. So what’s the best way to truly set yourself up for success in achieving financial independence and wealth? That’s the top...

Peter Schuyler Paying down Mortgage and the IRS view
14 March 2018 | 6 replies

I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit?  (this is in...

Carlos Ptriawan How Illegal immigrant aspect is affecting commercial real estate
10 April 2024 | 3 replies

we know that commercial real estate really depends on interest rate.but what's the relationship between illegal immigration and CRE ? well, there's relationship.All these theory is surfacing lately. We know the unempl...

Rich Riesmeyer Seller financing and social security benifits...
25 November 2013 | 2 replies

As I understand it, if you have not reached full retirement age, 66, your social security benefit will be reduced if you exceed a certain earned income. Rental income is considered passive, so that does not redu...

Maurice Smith Baltimore Lien Relief Program
5 March 2024 | 2 replies

Has any one had any success helping a seller get tax lien relief in the past or negotiated with the city to get the amount of tax liens on a property reduced? I am trying to open up more room on a deal. Well it's a sc...