Jeff S.
How to find a piggy back (80/10/10) mortgage on a MF property ?
My goal right now is to purchase and move into a fourplex. I had been thinking about going FHA, but that PMI just stinks! I was reading about a piggy back or 80/10/10 mortgage, and I kind of wanted to get a reality ...
Michael Slockers
401k and solo-401k 2019 limits
Hello all. For all the following, please note I am under 50 years old!
If I am understanding correctly, the current maximum contribution for the 2019 tax year for your (single member LLC) Solo 401K is $19,000 as Empl...
Matthew Cervoni
Tuesday Tip: Don't Pay Self-Employment Tax on your STR
Self-employment taxes are imposed on self-employment income in lieu of Social Security and Medicare taxes that an employee would typically have withheld from their paycheck. It is calculated on the net income that an ...
Melissa Aguila
Ways to offset my W2 tax with my passive income
Hello All,I own 3 short term rentals that I self manage and I Also own another business where I earn my w2 income working full time.My question is from my understanding, I cannot use my passive income expenses to offs...
Sharnell James
LLC ??
Before you make you first deal either flipping or wholesaling do you think that it is best to make a LLC ?
Sarah Young
W-9 for rent payments?
I recently put new tenants into one of our rentals. The employer is paying the rent and it is being direct-deposited into my bank account. The tenant sent me a W-9 form to be filled out and returned to his employer. ...
Jason Malabute
MOST RENTERS COMMUTE
Assuming everything else is good about a city you're thinking about investing in except that most of the residents commute for work to neighboring towns for work. In other words, the city you're thinking about investi...
Victor Pedro
Non-Compete Agreement at a Realty Agency
I would like to start wholesaling and investing in real estate but I’m not sure if I will be in violation of my job Non-Compete Agreement. I currently work as a Graphic Designer at Berkshire Hathaway Carolinas Realty....
Patti Robertson
Totally Made Up Pay Stubs - Be Careful Out There!
This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
Pete Perez
Fidelity Employer 401K Can't Be Rolled Over?
Hi BP,I recently switched employers, and am getting setup with the employer provided 401k custodian (Fidelity). My goal is to take advantage of the % match my employer offers and roll it over to a self directed IRA, o...