What taxes do you pay when you receive passive income?
also can someone please give some details on other types of income.
Hi everyone! I'm new to real estate and I had some questions. I wanted to know what would be the average percent that you would go up on rent if you was to subject to a deal to a tenant? Example: mortgage-800 so shoul...
Hello BP nation ! If we would receive K1 income from own business, would it be considered passive income? If so , can we use the suspended real estate passive loss (Suppose tax return over 150k) to deduct K1 income...
I would like to start a solo401k, I had someone draw up a structure. This structure would be A C-Corp holding company with two hard money lending LLCs ( passive income disregarded entity) paying the C-corp fees to ru...
There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from runn...
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Hello fellow BP'ers,I have a friend who is starting his retirement but is anxious about no longer "getting a paycheck". The issue is psychological, not financial. He's been financially fortunate working in high tech, ...
This post is just to put out there that you should always be thinking outside the box when it comes to passive income.I’m a big fan of real estate investing and especially multi family properties.Recently I got into c...
Who was able to get those great deals where you use none of your own money down to acquire an immediate passive income property. Who did you go to, who did u speak with ect. Would like to hear stories from beginning t...
Hello! I'm new to this forum. Glad to be a part of it! I'd love to get your advice concerning a question i have - what would be the best way to invest 100k creating the most benefit or consistent cashflow that wouldn'...