I rent out the in-law unit in my backyard. I also have a full time W2 job. I want to roll over my former employer's 401K into a solo 401K so I can more flexibility wrt investments. I don't want to put my rental income...
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...
In the past I've reported employee violations. In return my employer has notified those specific employees which then return to me stating that my employer gave them my name as the one who reported them. When these al...
My wife and I currently own and occupy our first investment property, which is a multi family in a pretty popular part of Portland Oregon. We have owned it for a little over a year, and have roughly 200K in equity th...
I work full-time and have a side gig as a Realtor. I will probably only turn over about 6-10 transactions a year, equating to $14,000 to $24,000 gross additional income. I've read through the Self-Employment tax docum...
I was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
I have the option of being hired as an employee or independent contractor. I am wondering if any local accountants or CPAs in the DC / DMV area have any advice as to which I should choose. I am going to a direct lendi...
I have what looks to be very good potential renters. They have no evictions or judgments of any kind and on the application state that their income is more than enough to handle the rent and all other expenses.
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As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...