Nick Bleser
Taxes and flipping in Wisconsin?
I have a question for the Wisconsin investors. When doing a flip how are the taxes calculated? I believe I read that the profits are taxed as self employment? or is it capital gains? How much should I plan on paying a...
Curt Bixel
Management percentage and structure for STR
I am curious what the going rate is for management of an STR in Columbus. I imagine it is in the range of 20 - 30% of gross rents with the owner paying for some of the utilities and perhaps the WiFi. Can anyone shed...
Kyle Clark
Need Urgent LLC Advice
Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...
Camron Corona
Using 401 k as a down payment
Is it ever a good option to pull from your 401k to make a down payment?
Account Closed
Should I Even Keep Contributing To My Roth IRA??
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Michael Richardson
creative seller financing question
Hi guys,I was wondering if anyone with experience on the seller side of seller financing had some insight on the following: I have a rental condo that I bought for $400K in 2009 and can probably sell now for around $...
Eric Miller
Insurance clause in note?
Good morning real estate gurus. I have a question about a house we are selling. We own it free and clear, and have accepted an offer for about 34% down with the rest seller financing. My question is, should there b...
Thomas Klein
DTI stopped my refinance
Hey all,
Hope everyone is doing well. I wanted some feedback on a great problem to have. (I think...)I thought I had good rentals. Haha
The credit union I use (Space Coast Credit Union) told me my DTI was too high ...
Nathan Eiland
Buying a duplex advice?
Hello everyone. I am very new to investing an have not bought any property as of yet. I would like to get some feedback on an idea. I currently live in the front house of a property that has a detached rental in th...
John Hyre
Wholesaling in retirement accounts not legit
Carl Fischer had reminded me of an article I wrote two years ago. The gist: Wholesale deals in retirement accounts will get crushed by the IRS once they get around to auditing them.The Mazzei Roth IRA Case – An End ...