Yoochul C.
How and what is Infinite Banking used for Real Estate.
Some of you might have heard of the term Infinite Banking before. There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing. The strategy is simple, using a whole l...
Edward Kanive
Dependent Care eligibility
Hello,
I’m a full time physician and my employer offers 5000 dependent care contributions that I can do. I end at the 35 percent tax bracket so this is very advantageous.
we have two rental properties but she stay...
Nicole Cotrino
Questions re cost segregation study for STR
My spouse and I purchased a cabin in November 2023 as a STR and started renting it out in March of this year. I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key ...
Roy Mitle
Sheltering k1 gain with rental loss
I am not a real estate professional and my income is highest tax bracket. I owe a rental that has loss every year. If I invest in a real estate LLC partnership as a limited partner and get k1 income can I balance the...
DJ Cummins
bank loan vs 401k loan
So what is your opinion? We are using some savings and have to go with either 401k or bank loan to get started. Think we are crazy for using 10-15% of our 401k? I feel its ny money and the penalty doesn't make or bre...
Tyvon Davis
Seller financing -down payment
I've stumbled upon a fantastic opportunity with solid cash flow! I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment. ...
Mike Dorneman
Showing gains or losses at tax time?
Just completed my 2nd deal, both of which were reno's and now rentals and currently working on my 3rd. My wife and I both have strong W-2 incomes and our first 2 deals we paid for with cash under our names. We've sinc...
Martin DeBono
Is Cash on Cash the right metric for me?
I’m probably in the highest tax bracket in the country - high earner in California where my marginal rate is 50.3%. I’ve been using CoC as the metric for my buy and hold investing. I’m targeting 8% to 12% CoC. My logi...
Mathew Wray
Fee based financial planner in Portland area?
Hey friends, I've been on a quest to make connections with financial planners and have met a couple of good ones. I'm always on the lookout for folks I can confidently refer my clients to. With financial planners ther...
Christopher Haney
Tax confusion
BP,
Again I don't have a Flipping clue. Ok that was a lot funnier in my head. But seriously, I was reading several posts on here about SE taxes and got a little confused.
What exactly gets taxed? Is it all prof...