John Doyle
Can I use rental income to fund solo 401k? SEP-IRA?
I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
Joe Harden
Passive Apartment Investments in SDIRA
I recently made a number of investments as a limited partner in several different apartment syndications. All of these investments are currently in a traditional self-directed IRA. My plan is to allow these to grow ...
Jesse Shields
Canadian Corporate Structure - How to setup a corporation for B&H Rentals?
Hey All,I've perused through the Canadian section and there doesn't seem to be a great deal of info on this topic. I'm looking for some information on how one can go about purchasing a rental home in Canada under a co...
Ryan Billingsley
Paying taxes on wholesale deals
We started our real estate investment journey July 2014. Our first deal we negotiated a property under contract for 18000. We wholesaled it for 30000. After closing cost we netted 10500. This will be our first yea...
Oscar Freiman
Using my IRA
Dear all, I need money to start investing, and the only source of cash is my IRA. So, if I want to use the investment cash flow to make my living, is the only option available to cash a portion of my IRA and pay the c...
Tony Norella
Home converted to rental sale
We are thinking about selling a home we own. We lived it for 5 years and because we were under water on it, we couldn't sell it so we rented it out and bought another home. We have rented it for 5 years now. Is any...
Alicia N Ragonese
Taxes to be paid when selling a flip?
Hello! Newbie here. Looking into my first house and had a question about that taxes in NJ. Someone said something about Capital Gaines Tax in NJ? Anyone have an idea of what that percentage looks like?
Mackal Smith
Don't overlook the national banks
I hear it all the time. "You really need to use smaller banks because they can provide portfolio loans they keep in house and can be more creative". I think that is probably true for the most part, but for an investor...
Lam Le
Capital gain tax rate based on income
What is capital gain tax rate on sale of rental property? Is it based on income? My income is only 35K.
Sheila Zhou
Tax w/ & w/o 1031 exchange with multiple replacement properties
I greatly appreciate any comments/corrections you have on my calculation!3 properties are involved here. R, A and B.In 2010, we converted our primary residence R to rental. At the time of conversion, the property R’...