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Besides making less money, what are some good ways to reduce my income tax bills? I mostly flip & wholesale, so my income is primarily taxed at short term rates. Between state & federal last year my tax bill...
Hello,With the stock market doing so poorly, the 401k from my old employer took a beating this year and I realized I did not have much control to take over any damage control. So I initially was thinking about opening...
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So I got my rental property going and I don't know how much to pay myself.1. How much would would I pay myself? Would it be 50% after all the expenses are done and leave the other 50% so if something happens to the pr...
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I'm so excited to finally be ready to turn my first home purchase into a rental (San Bernardino, CA), but now I have the dilemma of needing to find a myself new place to live while holding this one.
I'm okay with le...
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So I am going to be putting in 20k to start up the plan is to use the BRrrr method. My question is say magically we find a good cash flow house, all the work is done, refinance. How do I go about getting the money bac...
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My 15 year old son just got his first job! We could put a portion of his paychecks in a savings account at our local credit union but is there a better option with a higher interest rate where his money will grow?
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I apologize if this has already been answered. I tried searching for the answer to my question, but was unable to find it.I just finished reading the BP book on tax strategies and am interested in setting up a solo 4...
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Hi everyone! Just curious….has anyone used any creative finance techniques to purchase their own home?? Do you recommended this?Was it the same as using it on investment properties?What were the terms (if you don’t mi...
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After teaching and travelling abroad for 8 years, I am finally relocating back to the U.S. and am excited to jump into real estate. Well, I've been reading up about it for the past year or so, so I think it's more ac...
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After starting my LLC I'm looking into starting up a Solo 401K with it. Came someone explain it more so I can get a better understanding?