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Hello I am just starting out in investing. I have been saving money and improving my credit score. The only thing is I am a 1099 with my line of work and I write everything off to lower my tax payments, so my income ...
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I am interested in starting a corporate rental in Raleigh or Charlotte, NC. Is there anyone that can assist me with more information in this field?
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As with S-corps, I pay myself an industry average salary for my position (W-2 wages). Due to a downturn in business, we’re contemplating claiming unemployment. With our W-2 wages, is the right path to go through tradi...
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I've done a little bit of research and am curious to see if anyone can offer any genrealities or concepts that they use to drive their effective tax rates as low as has been reported.
The tax code is the same for al...
Hi,I'm new to the forums and looking into purchasing rental properties. I do plan on keeping my current job while I get started.I'm currently reading the Bigger Pockets tax strategy book and it is very eye-opening and...
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Good morning everyone,
Newbie here
I am travelling to Mexico next week to complete my research for an investment in Tulum.
You have been extremely helpful on other post gathering a ton of info for which I thank yo...
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Good evening,
I am new in this great adventure of flipping homes and I need some guidance.
I am looking to start with one home at the time using a “limited†budget. I am thinking about buying an existing rehab for...
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What would you guys do if you were making good money (100K) but hated your job and were planning on quitting sometimes soon (may be anywhere from 2-5years down the road). While you are working and making 100K you are ...
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I am working on my evaluating 100 different deals before I make my first purchase (I really liked this suggestion) now I have done maybe 20 and found that I’m definitely missing a huge chunk of analyzing these deals. ...
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The Biden tax plan would: (1) eliminate the $25,000 exemption from the passive loss rules for rental real estate losses incurred by middle-income individuals, (2) eliminate Section 1031 like-kind exchanges that allow ...