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Hi all
I need some assistance from a business prospective and I need some advice.
Currently our company is structured 50 50 my partner and I put in equal capital to start the business. I was set to do a lot of the...
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Howdy Folks:I wanted to bring my current situation to the forum to see if the community could provide some opinions on how one would act if he/she were in my shoes.The question posed is whether to start small NOW or s...
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Is there a way to use retirement funds( eg. funds that one may have in an IRA) to pay off a house without paying the hefty 30% to the IRS for pulling the out money before retirement age?
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Kansas City has long been celebrated for its rich culture, which includes world-famous barbecue, a legendary jazz scene, a thriving arts culture, and a dynamic business community. As the city continues to grow and evo...
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Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
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I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets. As I am new to the business of real est...
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I wanted to share this awesome podcast that I've been listening to for the last couple days. For those starting out, this is a GREAT source of information. The host, Matt Theriault, explains things very clearly and st...
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Hey everyone. First time poster. I live in Miami, where the rent:purchase price ratios aren't great for generating cashflow. I like the idea of house-hacking, but the numbers aren't convincing.I haven’t seen any calcu...
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Hello Everyone,My name is Matt Garcia. My wife and I currently live in Seattle, WA. I've been a Certified Public Accountant for over two years. I worked in public accounting for a few years as an auditor before transi...
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Wealth Building vs Cash Flow
My proposition is that too many real estate investors, much too often, emphasize cash flow over increasing net worth. While cash flow is important, it should NOT be the ultimate financial...