Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
My husband and I are just starting out with our business and are laying the framework for a buy, rehab, and hold structure with intent to lease in the Milwaukee market. One of my main questions is would you recommend ...
Hey everyone,My website is getting close to completion.Please look at my signature line for the website to review.My site works on serving 2 objectives.1. Working closely with commercial sellers and direct buyers.2. P...
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
The title says it all assuming you can get back 7% on stock gains yearly, going by current trends this seems extremely conservative, companies today seem to be growing much faster than the historical data we usually r...
HI, I am considering constructing a 2200 sf dental office. Due to the specialization of the plumbing and electrical, etc, I will have an above average outlay in cash compare to office/retail space. Estimates from ar...
Hi,is it common to set up LLC for income property in CA to protect from lawsuit despite $800/yr tax?If it is so, how long does it take? Is it too late if I do after my offer is accepted?If you have recommendation for ...
I'm worried that everything is going to be insane tommorrow, May 1, for the big immigration protests. How does everyone feel about the whole situation?
This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...