Jon Rood
Ok....Now I dislike Bank of America too
My realtor calls me today on 3 bd. 2 ba. brick repo in my home town for 30k. Market rent would be around 800.00. I was excited and dropped what I was doing to go look at the property, and it was great deal for my area...
Robert Hastings
short term vs long term capital gains?
i invest in sub 50k homes.i bough a house for 25k in December of 2016. i have an offer for 59k. what should i expect to pay in capital gains if i sell for a 34k profit within one year (short term)?what should i expe...
Justine M.
Foreign Investor (family) guidance
I've been reading all the input from people on a few different threads about foreign investors and still am kinda murky on the issue. Obviously I need to consult a CPA and Lawyer, but currently I am trying to minimi...
Pat Burch
My Renter Wants to Buy It...
Hey Everyone,
I own 5 investment properties. One house was paid off last year. What a great feeling, $900 a month income with no mortgage, pure joy. Well, the renter has inherited a large sum of money and wan...
Jenna Stonecipher
Why invest in retirement?
OK, I've got a small pension roll-over that I need to handle. So, I've been doing the research on solo401k's and SDIRA's. This may sound like a ridiculous question (and maybe it's youthful naivety) but I don't really ...
Kyle Doney
401k Contributions From Personal or Biz Acct?
Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...
Tim Ivory
Capital Gains Tax after Fix N Flip or Partner with Owner
Hi. My parents need to sell there home and I was planning on fix and flipping it for them since I've already been researching all about this investing option and know more about the logistics involved than they do. Th...
Tessa Mac
403b to Real Estate
Hello all!
I have two 403b accounts from previous employers and am interested in using this money for a down payment on a property. I’ve seen info about 403b loans (doesn’t seem like this is possible since I’m no lon...
Jason Ballesteros
Flipping homes through an S-corp??
Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...
April White
CPA vs DO IT YOURSELF
Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...