I just recently open a solo 401k for my business (single member LLC with me and my hubby being the members) with me being the trustee. So I am in control of my checkbook. So far so good.
My understanding is that ...
Could someone please tell me in as general numbers and terms as possible what the overall difference in end taxes might be between these two? Let's say for example the company clears 120k in profit on sold flips eac...
Hello all, I am curious as a real estate investor, what you guys are seeing in the market and how it will affect REITs. I know this is a "own and operate" forum mainly, so if it's not an appropriate topic, feel free t...
I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing. Further, I realized how confusing the different terms are for the various ...
Hi everyone, I have a question about how stock profit works.
Lets just say i invest in google for 1,000$. Would i get profit by the month, year, or is it something different from that?
Hi Everyone!So here is the situation. Myself, my mother, my in-laws and grandparents are all ready to get into the house flipping business. We all have been involved in the industry for quite sometime and have enough ...
Hi fellow BPers. I stumbled across a book that was mentioned in one of the forums here called "The Wealthy Code" and read it cover to cover really liking the ideas, content and the way it was written. The author wrote...
I'm thinking about investing in REITs, and from the little that I have heard, they sound too good to be true. Guaranteed returns, nothing to manage, etc... On the surface, they seem like a good way to create annual ...
Hi everyone, I've been reading about how partnerships can be set up and I have a specific question. If two people want to buy a house to rent as 50/50 equity partners, how could the ongoing maintenance costs be struc...
I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...