I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...

Need some help from some seasoned professionals.  I had a great discussion with my CPA today about a number of things that I needed to know, and she really tuned me up.  I will have a solo 401k soon, and I already hav...

Our IRA adviser is trying to convince us that capital gain taxes will eat up our profits and want us to keep our funds in the IRA or transfer them to a 401K instead of closing these accounts and investing them in our ...

Last year we bid and won a tax deed here in Georgia.  While getting the bar of redemption ready, our attorney informs us there is a security deed that expires in 9 years and it looks like it just wasn't cancelled when...

So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a ...

Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!

Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.  

so... both my wife and I have a W2 job. let's say our income is at around the 24% tax bracket. And then my real estate sales "part time"  let's say I made 50k in 2019. Does it mean the 50k commission income has to be ...

I am taking back a second lien on a property undergoing renovation. In a simultaneous transaction, I am entering a security agreement with the owner for a share of any profits from sale and (if applicable) rental, whi...

I've just got 2 vacant lots and 1 lot with a dilapidated house on it under contract all for $11,000.  The properties are located in Orange, TX.  All three properties were acquired through a previous tax sale by the cu...