James Harris
Capital Gains Tax and IRA
Hello..Last year I sold a property and did not find another property to roll the earnings into within the time period. I was told that I could roll the earnings over into an IRA to avoid paying the capital gains tax. ...
Kenneth Kuebler
Just an introduction. Just did my first deal.
Greetings all,Just wanted to introduce myself. Been a podcast listener for a long time. This is my first purchase. Although I intend to build my portfolio generally in the Delaware, Ohio and Columbus Ohio areas, my fi...
Germán Rimoldi
Tax Breaks Investing OVERSEAS
Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. ...
Cliff T.
Help with my K1 as a realtor (S-Corp) and applying for a loan
I'm running my realtor business as an S-Corp while paying myself a W2 salary. I'm trying to see if my accountant filled out my K1 correctly... As it stands, my K1 states a high amount of business ordinary income (Box ...
Ryan O.
S-Corp Reasonable Salary
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.
...
Jesse Turner
Why bother with a Self Directed ROTH?
I'm trying to wrap my mind around this option. Here is the scenario: I have a Roth (and it's an absolute DOG by the way) and I want to move it into REI. I've been reading other post asking about moving 401k funds to s...
Michael P.
Cash out refi on rental bought w hard money loan and no income?
Can you do a cash out refi on a multi family rental unit, if you have no current earned income and you purchased the property with a hard money loan? I ask because I am interested in buying a multi family units along ...
Ryan Stover
Benefits of Investing in 0 Income Tax States?
I haven't found much direct info on the benefits of investing in properties located in states like Texas, Washington, and Nevada. I assume there must be positives even though I am a resident of CA.Would REI in these t...
David Coats
Can I require household income and individual tenant income?
Basically, I want to make sure that my tenants will be able to pay if one of them ups and leaves, disappears, or gets hit by a bus.Is it ok to require minimum income of 5x for household and let's say 2x for individual...
Brendon K.
Was the financing in podcast episode 25 really possible?
The first guy on the show said he earned average for a financial guy in Boston and that he saved up 3.5 percent for a FHA loan on a $383000 triplex. Overall Boston income is around 60k.
I earn a bit more than averag...