Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Charlie MacPherson
Making a decision on a Maine brokerage. Any Mainers here?
I just passed my Maine Associate Broker's exam yesterday as my wife and I are relocating to Maine later this year. Not sure where, but most likely somewhere between Freeport and Boothbay. As I understand it, east o...
Aariff Kadar
Taxes on rental property
Many claim that we will save lot on taxes by buying a property but i am not sure how we will pay less tax while earning rent.I am CA and i am planning to rent my current home and move to another city.Cost of the house...
THU NGUYEN
Paying your children to shift income from your business
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
Randi Del Gatto
Is Disability Income Jeopardized by Investing in Real Estate
Hello-I suffer from a de-generative spinal disease and most likely will be receiving a federal disability in the future. I live in NC. Is it possible to have an entity for investment purposes if I am not drawing a sa...
Josh Rich
MBA Grad Professional Real Estate Career Advice
Recently I reached out to @Bill Gulley for some advice and I thought I would open my question up to others on the forums for all of your great insights!
Here's a little background on me...
Recently I earned an MBA ...
Chris Calabrese
Anyone choose to pay penalties instead of quarterly taxes?
After my first year of self-employment, I have found out that the interest rate on underpayments is currently only 3%. Does anyone intentionally not pay quarterlies, knowing that they can invest that money and make m...
Lisa Marie
Should I finance my renovations via credit card?
Dear BP,I closed on my first home/investment property. An old, out-dated home with a ton of potential. The max I want to go is $15-20K.Rather than using my own cash, I was thinking about financing the project for a ye...
Ethan McManigle
I need some advice
Hello, my name is Ethan. I'm 22 years old. I want to save up and buy my first property but idk what the best way to save that money is. Should I use a traditional bank account? Should I invest my money in bonds/stocks...
David P.
Would you accept these applicant couple?
I have a property out here in Los Angeles specially Long Beach I listed about a month now and been mostly crickets. Partially because it's slightly on the higher side $4800/month for 2200 sqft SFH. I got an applicant ...