This is my first project. If I build a house, pre-sell it when almost done, then actually sell it when done, do I have to pay social security taxes on the profit? I know as a short term gain I would have to pay inco...
Hello, I'm 47 and I'm almost 2 years into my REI journey - which was initially funded thru savings. My goal is to use REI for passive income for retirement. I currently own 5 properties; all but one are cashflowin...
I’ve been hearing about self directed IRAs (Roth/Traditional) and 401ks being used to fund deals frequently. Why is this a good stretegy other than having access to the $? Aren’t you losing out on the real estate ta...
Hello,I was hoping you had the time to answer a few questions for me to better prepare for next years returns. First questions is me and my brother want to purchase a property together for our primary residence the ne...
I have a variable annuity that represents 1/3 of my retirement assets. The other 1/3 is in a rollover IRA which I’m gradually converting to a Roth. I am 64 and would like to explore the best options (if any) of invest...
Hi everyone,I'm new to real estate investing. I have a SFH in Virginia that is cashflowing and a duplex in Portland OR that is also cash flow positive. I'm looking at doing a 1031 exchange. I would be selling the...
Would anyone here happen to be a loan officer in Georgia. I looked up the requirements however I wanted to see if I was missing anything besides the NMLS classes.
Also what level of education is usually required?
A...
Anyone working on flips currently in Indianapolis?
I currently have $150k and am looking to pick up $500k in homes over the next year. In particular I want to get 10 x $50k homes.My taxable salary is low at $36k per year, but I have a large amount of tax-free income (...
In Long-Distance Real Estate Investing, Greene discusses amortization and the benefits of paying down loans quickly. At the end of Chapter 4, he writes, "...why not reinvest that income into new properties? Pay down y...