Regarding the non deductible amount that you can contribute to a 401k, is the amount limited by your earned income in the sponsoring business or the total of your earned income?

Lets say that you earn 100k in busin...

I was thinking about how this pandemic will shape not only real estate but business as a whole once the world gets back to “normal”. Just looking at the amount of businesses forced to close by the government has led t...

Hello! I am a realtor in Kissimmee Florida area trying to help a friend of mine get into rental arbitrage for Air BNB. My broker is advising against this and says that Rental arbitrage is not allowed by Air BNB. In al...

Hi EveryoneI am trying to maximize self employed tax deductions while only deducting expenses that can be later be rolled back into my income by lenders. I know it is a balancing act for self employed people. So far I...

Hello,Really appreciate advice on the two question below:1. I currently own a LLC with my husband, which has an rental property. I just became a real estate agent. Can I Can I perform real estate agent activities unde...

Planning to try my hand at Airbnb arbitrage. I have never owned or been a host/landlord and am itching to get in the business. Due to limited capital I’m planning to give Airbnb arbitrage a go. The strategy is to sign...

I recently got my real estate license. Found a broker who was interested in the Vacation Rental business. He basically has two businesses under one roof. His real estate/property management business and then an auctio...

Good afternoon Did a yearly walk-through with one of my tenants and I found that he is running a business in my property. This is a clothing and shoe business so nothing illegal to my knowledge. I believe he is runnin...

I'm brand new and I have a question that concerns taxes. If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits ...

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organ...