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Results (1324)
Tim Leyden Wholesale Assignment Taxation
6 June 2018 | 4 replies

What is the tax rate on an assignment fee received from Title?

Hal Cranmer Self-Directed 401K as a Property Manager
22 November 2011 | 1 reply

I know that you have to have some self-employment income to be eligible for a self-directed 401k. But the IRS sees rental property income as investment income, not self-employment income.

However, if you are the pro...

Bill Exeter With Year-End Upon Us, What Year-End Tax Planning Strategies Do You Use?
2 December 2014 | 5 replies

With year-end and the holidays rapidly approaching, I thought it might be helpful for investors to share year-end tax planning/tax management strategies with their fellow investors.  We often get so busy at this time ...

Evan Haslund Purchasing property from relatives
16 April 2020 | 2 replies

I have the opportunity to purchase a relatives home because they'll be moving into an assisted living community later this year. I just purchased my 3rd home in February and I'm about to rent out my second home. My st...

Jamie Lynge NW Arkansas Rookie
6 November 2024 | 2 replies

I am a Medicare insurance agent living in NW Arkansas. I am looking to create financial freedom. I am brand new to the investing world. I recently purchased 2 vacant lots in KS. I am trying to learn all the things bef...

Dustin Awtrey How am I taxed? Can I pay myself a salary?
20 July 2018 | 14 replies

So I am working on this project that once I am done will be cash flowing around $5000 per month after all expenses are paid. I want to quit 9-5 and become full time RE investor. I plan on property managing myself as a...

Grace Navera Do I pay income tax on investment income?
29 August 2020 | 12 replies

Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!

Spenser Murphy Taxes and flipping properties
17 July 2016 | 11 replies

Are there any tax advantages to house flipping like depreciation? Are the profits tax free? I want to get into multifamily rentals. Someone recommended flipping houses to raise capital to purchase the rental propertie...

Henry Li part time real estate agent tax - are they double taxed?
27 January 2020 | 7 replies

so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time"  let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...

Mylie Na Do I need to pay self-employment tax on my rental income
13 November 2020 | 2 replies

Hey, I and my husband both are w2 wage earners. We formed an LLC and have 3 properties under that LLC and earning rental income
My question, do we need to pay a self-employment tax on the rental income? We pay SS and...