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Hello, i own a rental with another person. I collect the rent and send half to her. I sent her a 1099 for all the amount I send to her. But Im not sure where to enter this expense in my tax return. I only see specific...
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I was reading today that it is now illegal to reject section 8 in california due to SB 329 signed into lawy by CA governer in Oct 2019....
I am wondering how they are going to enforce it, especailly for for small po...
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If I were to convert my 401k to a Self Directed IRA would it be possible to use those funds to partner with someone and If possible how would that work?
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Hey Guys,I recently inherited a traditional IRA (Non-spouse) and would appreciate additional feedback from those who are familiar with what options I would have. I am looking to pull out about $100k right now in order...
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Hello fellow investors,I have made a decision to quit my 95K/YR job in January ’19 and move to do full time rehabs, I will have about 350K cash of my own and my living expenses are about $1800. I plan to buy in the Ch...
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This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
I am currently working a retail sales job making 25k a year and I have been trying to move my way up into commissioned high end home theater sales where I could make between 60-100k working 50-60 hours a week.
I thou...
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Hi everyone,
I realize this has been discussed before about which one is better and I think the general concensus is both.
I am writing an economic paper on this topic where I plan to compare the two, so what I am lo...
Hi everyone,I'm new to BP and this is my first post, so thank you to anyone who takes the time to read and help me out. My situation: Credit score in mid 500s.No $ saved for down payment. My last job assignment ended ...
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Recently purchased my first two rental properties. I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...