Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.
Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.
I then take tha...
I am fairly new to large scale investing in relation to multi-family apartment complexes. I have done my DD on a potential new-build investment and have a few individuals I am partnering with to raise some capital for...
I am a Broker in WI turned full time investor, I use to just flip, but am now adding rentals, 4 in the last 9 mo. If I was not a broker my rental income would truly passive and not subject to self employment tax, but ...
I've been warned that doing too many buy/sell transactions may cause the IRS to designate me as a "real estate dealer," and force me to pay self-employment tax of 15.3% of the first $72,600 of income. I'm wondering:
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After reading lots on this forum, I realize that I do not need to create an LLC but an S-Corp for purpose of (personal liability protection only) . Since the taxing will pass through to my personal income thus the sa...
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
There are a number of different strategies available, but two categories of portals:"Fund Model" or Marketplace (e.g. RealCrowd, Crowdstreet): These portals list an investment opportunity on behalf of a sponsor, but o...
I am a new investor and I am wondering what everyone thinks about starting out rehabbing mobile's and manufactured homes to start getting my feet wet. I am in southern California. Thank you all in advance.
If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...
My partner/rock in roll sista @Colette Chase and I bought two properties this year and wondering how to best setup our company structure for best liability protection, tax benefits, etc. We just registered an LLC in ...