Georges A.
Entertainment / Meal Receipts
This is a very basic question so I apologize in advance:I racked up a LOT of meal / entertainment receipts for being an agent / Property manager. Am I trying to use them to evade taxes and deduct my day to day meal e...
Pamela Marshall
Rich dad course tax write off
I paid for some rich dad course, Can I get a write off on them? how do I get a write off for education
Pete M.
Hypothetical: Strategy Help
Disclaimer: This post is for entertainment purposes only.SUPPOSE that I have recently sold a business and am interested investing a portion of the proceeds in either rental properties or flipping. Perhaps both. I have...
James Atlas
Wholesale an estate my family is the executor of
In situations like this, it’s pretty great not be the first person ever to come up with the idea. So hopefully you could help me a bit. We live in New Hampshire and my mother was named the executor of an estate of a l...
Joanna Lenn
Tax man says "Become an S Corp" - thoughts?
Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
Michael Bacile
Mortgage type advice
I’ve been looking into a property and the selling realtor said they will not entertain an FHA offer. Conventional and cash only. I was pre approved for the Home Ready loan. Is that conventional and is there anywhere i...
Chad Carrodus
Financial planning for unmarried DINK real estate agents?
Assuming an unmarried couple who lives together, shares nearly all expenses, and both work as real estate agents who each make apx. $150K/yr but would also like to start in REI, would it be advisable to start an LLC w...
Andrew Barrett
Purchase agreement for Wholesaling
I'm new to real estate for investment purposes so, I am looking for the proper agreement to use to execute a wholesale deal. I also have heard there are clauses to add to the agreement but I don't know what is ironcl...
Marco Briceno
Tax Benefits for adding Pool to your LLC
Hi folks, we recently started to build our pool in the backyard and was wondering if you have tax benefits if you add your pool to your LLC?The business case is that we would either use the pool for:1. Lease it out to...
Tommy R
Buying a property for $0 down or little down
I've been entertaining this idea recently of approaching for-sale-by-owner properties and offering ~10% more than their asking price (assuming it was a good deal from the get-go), but then offering nothing down or ...