Ok so, it's official! Per Drs. orders; after not working; due to an 'On-The-Job' injury, collecting Workers Comp for almost 3 yr I may need/be medically forced from trucking.My question is: although I only have 118k i...
I am a self employed sole proprietor. I am looking to buy my first house this year so I am being extra careful with my final tax number and not deducting too much.
However, the SEP tax is really killing me, and I am ...
At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
Caught this article and found it to be an interesting approach by airbnb to capture more of the market by actually paying landlords for a portion of the short term rentals their tenants make, 20% back as the article m...
Hey all...My background is as both a real estate and mortgage broker since 1990. I am interested in updating our underwriting guidelines on MHPs where it pertains to the inevitable mixed-use looking park. It is common...
Looking to refinance my current home and buy a new home, so that I can rent out my current one. (Do some house hacking.) But mortgage lenders are telling me that I need 24 months of self employment history to qualify ...
Hello. I’m currently in escrow for a property in Ohio that I was going to originally hold and rent, but now am wanting to flip.
I do not yet have an LLC set up in order to buy this property, and will be buying it per...
We are close to buying a 4 bed 3 bath single family home in Destin FL. It’s in a great neighborhood with a pool 20 yards away and the beach is a 50 yard walk. Anyone have any recommendations on buying and renting out?...
So I have had great luck building a small portfolio of rentals. My dad doesn’t have much of a financial education but I know he has around 700k in his 401k that he doesn’t feel like touching because, according to him...