Starting your first or next business? This episode is for you. Today, we’re bringing you everything you need to know about small business taxes for beginners. Whether you’re a solo entrepreneur, partner, landlord, hou...
Get to know enough CPAs, and you'll hear the "light bulb" story.
"I was helping this real estate investor with her taxes... and thought, 'Why am I not doing this?!'"
Yes, there are POWERFUL tax breaks available ...
Self directed IRA's can be used for investing into homes...so I've heard. I have a 401(k) that I'm currently looking to use for my next property and would love to move that into a SDIRA towards an investment. How do...
Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make x a year. You ...
Good evening BP! I would like to throw this out there and listen to the feedback! I am curious to see what you would do if you were in my position!Currently I have 2 savings accounts. My first account is at the bank i...
I just finished preparing my own personal taxes (LLC tax returns included). IT TOOK ME HOURS! Many people would be impressed that I do my own taxes and the money saved because I don’t have to pay another professional...
“Wealthy people buy real estate.” I realize I’m fortunate enough to count myself among them. These supposed tax savings though… where are they?
My wife and I are fortunate enough to have two W2 jobs making ~$150k /...
Hello BP!Just got my first duplex this year and starting to learn the game more. I was wondering ways how you guys save money on taxes? Do you do it yourself or hire a tax professional? I just watched a recent Bo call...
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...