Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?
Me and my wife have been in the process of refinancing two duplexes and have come across a unique problem. I’m curious if anyone has had this issue before and hopefully gotten around it.
We have been denied for cas...
Howdy folks. Anyone do lease options in the great state of Texas? Because I’m wondering what happens if the owner dies before you can sell the house. This elderly lady wants to sell me her house too expensive to wh...
I am suggesting for your 100th podcast add a fifth famous 4 question.How long is it going to take you to retire, or what constitutes retirement for you?And how much wealth would you need to accumulate to retire?
How do taxes work if I sell a rental property for a gain within a year of purchasing it? Am I able to deduct all of my expenses from operating the rental against the gain from the sale?
My father is almost 90 and is having both mental and physical health problems. We own the house next door to our personal residence, and it is currently vacant as we do some finish work to it. If we rent the hous...
we own a brake and alignment shop. paying double on social security, as you all know, is rough. we have also been renting out our house in Bennett. we had a little plumbing problem that caused some damage last year....
I presented an owner with a sub to deal for his home and he asked how will the monthly payments he would receive for his equity effect his social security income.He is afraid it will show he is making too much money e...
Seems like the markets are not exactly embracing the bailout plan. A worldwide sell-off is not a good sign.
:cool: