Ryan Adams
noob attempting tax lien investing in illinois
I'm in Illinois and the annual tax lien sale is coming in the county I live in. I've read Loftis' book and all the forum posts I could find that specifically talked about tax liens (and at least most of your blog pos...
Isaac W.
Worth it to hire a CPA for a side gig that only brings in <7,000K?
Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...
Erik Pacpaco
How many exemptions should I put with paycheck?
Hello, my mom once told me to increase the number of exemptions with my job so that I will pay less in taxes and get the most return with each paycheck. The reason behind that is because you're technically giving the ...
Dan Rudolph
Need to File State Tax Returns?
When it comes to crowdfunding, I have heard it suggested that I may have to file a state tax return in every state where I "earn income". Does this mean that if I invest through a crowdfunding platform and purchase p...
Shawn G Hope
What in the name of all that is holy?!?!?
I was looking around on ebay and came across this. Maybe I'm just being stupid but can't really figure this out. Look at this on eBayhttps://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.com%2Fulk%2Fitm%2F142...
Sue F.
where do I start
Hi Folks... I am interested in starting a new investment business, in hopes to get back on my feet and create a better situation for me and my kids... I have little capital to play with so i thought buying lien tax...
Philip Lagaris
Foreign Earned Income Deduction
Hi there,This is a question about tax deductions and qualifying income.Last year I qualified for the foreign-earned income deduction (FEID), a deduction that allows me to deduct about $100k from my taxable income beca...
Taylor Mason
For tax purposes, am I considered a Real Estate Professional?
For the past year, I’ve worked full-time as a licensed multifamily investment sales agent. It’s worth noting that I am an independent contractor as well. Would I qualify as a Real Estate Professional for tax purposes?...
Dan Greggs
My First Investment in a flip
A friend of mine is a general contractor, who decided to flip houses. I decided to become an investor to help with some of the rehab costs and he agreed to mentor me through the whole process. I put up 20k and will ...
Michael Sean
foreign rental income
Is claiming foreign rental income on taxes much different than rental income domestically in the US? I couldn't find much about the topic on biggerpockets. I spoke with a CPA at a firm with a good reputation who was n...