We have been contacted by a priest who is working with a family that is in desperate need of a place to live. If we give them a huge reduction in rent from the amount we would charge, is that tax deductible as a chari...
Hello. Can anyone tell me what the max contribution limits would be if I held multiple retirement accounts? For example, I have a Solo 401K, Rollover IRA, SEP IRA and Roth IRA. How do I utilize these various accounts...
I currently contribute 6% of my salary with a 3% match. I feel that the 6% I am contributing can be better leveraged through REI right now to build up my RE portfolio. Thoughts?
As I am a new investor, I was wondering the difference between doing a Grant Cardone style approach and constantly leveraging your debt so that it is always growing versus leveraging your debt to buy but than using ex...
I know the IRS doesn't allow passive income - typically long term rentals as qualifying income for a SEPP contribution. Does anyone know if you can use the revenue from STR's for a contribution?
Hi, my name is Waylon. Like many others, I am new to real estate investing. I am a life long resident of North Georgia, married way out of my league, and have two daughters. In my day job, I am a retail broker that re...
Good Morning :)Hopefully I’m posting this in the right forum. My question is regarding Roth IRA contribution limits. I have been maxing my pre-tax employer 401k and was wanting to max my Roth as well when I noticed th...
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
Hi Everyone,My name is Prem Schoff and I've been a casual observer of REI for the last few years. I'm interested in investing in real estate as a buy and hold strategy for positive cash flow in rental properties. I'd ...
For a property I have in an LLC.... I'm writing my Operating Agreement and was wondering what y'all use as the "Initial Contribution"?
I could use the $100 I put into my LLC bank account, the initial value of $400k w...