Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some  I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...

I'm starting out wholesaling houses, but one of my concerns is how to protect your earned money. Definitely I understand that everyone needs to pay taxes, but which would be a way to protect the money as much as you c...

Basics: On a typical wholesale deal, for example someone gets their first deal done and makes a $10K assignment fee, (and doesn't do a 1031 exchange). Is there a basic tax rate that he will have to pay at tax time or ...

Hello,I am looking at acquiring a commercial property (strip mall) from a family friend and trying to come up with some attractive ways to make an offer that. I have had preliminary discussions with the owner (he i...

Are there any strategies to minimize taxes on the profits from flipping? Also, is it advisable to always purchase in the name of the LLC or is ok to do it on my own name if it is a quick flip? Thanks for your feedback.

We sold a rental in Sac. California and were just told by the escrow company we have to pay 3.3% taxes to California because we live in FL and the property was not our primary residence. This 3.3% comes off the total ...

what are some legal ways to reduce my rental imcome? Can my partner/girlfriend claim the income and expenses?   Does her name need to be in the mortgage or deed? 

Greetings:
Question for you all. 
Do any of you have more than one LLC company where one company hires and pays your other company for management/admin/reporting?
Is that OK to do?
I own two rental LLCs (with part...

A couple years ago a took out a 401k loan. I am considering paying this off now while the market is low (it had been so high I was holding off). I'm hoping that if I pay it off now it will ride the market up when th...

I'm hoping to be able to either get a cash withdraw refinance or a HELOC so I can buy another building, but I have crappy DTI ratio if all my improvements are held against me.I just spent ~70k in improvements for my 4...