My brother and I own together a few LLCs which generate 200k to 300k profit after expenses, per year. These are for commercial real estate we own. We have been passing this profit to ourselves as a K-1 distribution. W...

What would be the best entity(s) to buy investment property in Canada from USA as a us citizen? The entity should be register in USA or in Canada?

Upstate NY, small 3 bed,1 bath -800 S.F. in nice area. similar homes sell for
65-85. This one listed at 79,000 ,on market almost 3 years (orig. price 119,000). My offer of $48,000 accepted. Move in condition .taxes ...

Hi, maybe this scenario was discussed before. i could use some advice from CPA/EA.my scenario: I opened SEP IRA years ago when i was self-employed.. and then i haven't been self-employed for the past 10 years.. so  , ...

I make about 50k a year, and I have some savings that I want to put a tax advantaged account. It might be used for real estate, it might not. It's not an emergency fund (I already have one). It's likely going to be pu...

I have a few cash flowing rentals in different markets that have performed well in the past few years.  As I've moved into private lending (and earning better returns), I'm looking at decision points to consider if I ...

Have bought and  sold 2 properties, Took back  0% interest mortgages for 2 year term on each.Both bought at $150,000 each and sold privately for $177,900 each Payments $1,000 per month with an option to buy them back ...

Hi everyone, maybe a rookie question here, but I had a W2 for a good portion of 2023 and also had a self-employed business for the other half. How exactly do you file taxes when you have a 9-5 but also generate income...

Could I get some advice on priority when it comes to student loan debt vs saving for a cash-flowing property?Our combined student loan debt is hovering around 250k with avg interest of 6%Avg household income is around...

Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it.  In there he mentions creating a corporation to significantly save on taxes.  He references bei...