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So grateful for this site and community... this information is already starting to change our lives by giving us a new mindset and optimism as we look to build wealth. I'm about to turn 40, wife, 4 kids. We have wor...
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I am trying to evaluate buying dividend stocks versus another single family rental. What do you think is the best option.20k in stocks I am looking to buy: Alteria Group (MO), Enbridge (ENB), Devon Energy (DVN), a...
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Does anyone here have a good handle on tax strategy related to development. If I purchase the land, put in the infrastructure, and hold for more than a year before selling lots, can profit from lot sales be claimed as...
Hi All, looking at multi family properties, duplex, triplex, quadplex, how do you price out properties?
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Hi!I'm thinking about investing in rental properties in Las Vegas. My brother is going to start off as my lender since this is my first time (lending around 20-40K). However, he is requiring a $700 income stream which...
Hello!I’m a full-time student with a current credit score of 666 and an active work/study job earning $12 per hourCan I qualify for an FHA loan for house hacking with a credit score of 666 and a part-time work/study j...
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Hi everyone,
I realize this has been discussed before about which one is better and I think the general concensus is both.
I am writing an economic paper on this topic where I plan to compare the two, so what I am lo...
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I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investme...
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I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
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Hi everyone, maybe a rookie question here, but I had a W2 for a good portion of 2023 and also had a self-employed business for the other half. How exactly do you file taxes when you have a 9-5 but also generate income...