Philip Lagaris
Foreign Earned Income Deduction
Hi there,This is a question about tax deductions and qualifying income.Last year I qualified for the foreign-earned income deduction (FEID), a deduction that allows me to deduct about $100k from my taxable income beca...
Roman Santos
Financing Question - Foreign Earned Income
Hello everyone,
I am currently back home in the US after a stint of working and living overseas (almost 7 years). I currently do not have any typical requirements like W2s or pay stubs. However, I do, however, have ...
Eduardo Leal
Earning Extra Income/ Not Saving
My goal is to stand out as the one with leadership DNA, applying my knowledge of Real Estate Investing. How we make money work and become financially independent. I have Ideas but what good are ideas if I don’t execut...
Edmondo Morgan Jr
$100k rental income vs $100k earned income taxes?!
Looking to understand how one is able to pay less tax via rental income and at the same time keeping more at the end. Thanks in advance!
John Blanton
Offsetting Earned Income with Passive Losses
You hear a lot that there are great tax benefits from investing in syndications as a passive investor. That you are able to offset your income from W2 or other avenues (even if you are not a real estate professional)....
Mike Landry
When is this income considered earned
My wife is a newer Realtor. She earned a commission on the purchase of OUR house that closed on December 30, 2016. However because it was our house she forgot to pick the check up at closing...it was a busy day. So...
Larry Moore
Down Payment Assist / Earned Income programs
Wondering if anyone has used any of the dp assist programs, where the homeowner buys a membership into an alliance of sorts that has different discount programs, and the home buyer who sold him the membership earns in...
Dave Dyn
Roth IRA Contributions without earned income
Hi all. I'm new here and looking for potential advice on a Roth IRA situation.I am a graduate student on a fellowship stipend. This stipend is my only source of "income," and is not reported on a W-2, but the entire s...
Mat Fisher
Conventional lending with foreign earned income
I was told it was “impossible” to get a conventional mortgage on an investment property with foreign income. Is that true? I am a US citizen working overseas and wanted to buy an investment property in the US. Anyone...
William D.
Qualifying for new mortgage, earned income, taxes, rental income.
This post might be a little scatter brained but here I go. I own 2 condos in NYC, live in one and rent the other and plan on buying more properties. I can come up with the down payments and capital but I only make $10...