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Results (10000)
Camellia B. Self Directed 401K/IRA w/Checkbook.... Non-Custodial Programs?
9 December 2022 | 19 replies

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...

Patrick Reed Business Deductions that don't count against home buying income
21 February 2020 | 3 replies

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 ...

Account Closed Taxing a flip as a rental by leasing the unit prior to sell?
23 September 2018 | 22 replies

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 ...

Brendan August CARES Act 401k Loans
22 December 2020 | 17 replies

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...

Paul Cionczyk Airbnb partners with Mega Landlords, giving them 20% back!
2 December 2022 | 8 replies

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...

Douglas W. Financial Underwriting for Commercial take out financing on MHPs and other assets
9 April 2023 | 2 replies

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...

Garit Boothe Newly Self-employed - Can I get a mortgage loan?
20 December 2020 | 7 replies

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 ...

Forrest T Schue Taxes on a flip
18 February 2023 | 13 replies

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...

Jon Hilfiger Destin FL vacation rental
2 January 2020 | 23 replies

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?...

Ryan Cleary My Dad drawing from his 401k
12 January 2022 | 3 replies

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...