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What is an acceptable minimum amount of annual cash flow for a SFR that's free and clear?
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As tax season is approaching, I'm trying to find more ways to reduce my taxable income to get down to the more favored brackets.If I have passive income (rent) coming into an LLC, can I pay myself a management fee to ...
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Hello everyone, this is my first post on the forum, but I have been reading an learning from many people on this site for quite some time.
So im tired of giving the IRS all of my income, and I have been reading about...
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Where do you spend money each month? Something I recommend to everyone is to take a look at their monthly expenses every so often and see what can be moved from the personal side to the business side.
Remember, to ma...
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What are the high w2 earners doing to get started in REI? I see folks barely touching 100,000 earned annually securing financing. I am earning closer to 200,000 annually, is there anything I can do to leverage that in...
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Hi guys,Reading about taxes and ways to keep more money on this side of the road I've realized I should have my wife as an employee/contractor to my company. She normally helps me with some of my investments task like...
Hi everyone, I"m a newbie , thinking about joining Ron Legran"s mentoring program or Larry Goin"s has anyone taken these programs and are they recommended? any insight is greatly appreciated, thanks, Ezra
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I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major citie...
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Let me first start off by saying my oldest child is 3.5 years old so I know things will change many times before she sets off to college.That said, after reading an article about the uses of a 529 plan, it mentions th...
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Hi all,I am a newer member on BP and this is my first post. I am looking for thoughts on whether I should pull money out of my Roth401k from work to invest in RE? I know typical tax advisors etc would tell me no way b...