BP,I am trying to wrap my head around the Federal Moratorium. Is the federal government going to pay us (landlords/rental property owners) back for all rent not paid during COVID due to the institution of a federal ...
Greetings BP family! Newbie here, soaking in the collective wisdom.I was googling passive income the other day and learned that you can earn up to 80 k and not pay federal income tax. Is that true?
I created an LLC a couple of years ago and put the business to the side for a while. I am about to begin the process with it and had some tax questions.This business will most likely always be a side gig for me, so I ...
So I have a family member who is willing to finance my deals but we have run into a hurdle. The family member thinks that if he pulls say $150,000 out of his stock portfolio for a loan that he would be taxed 22% on th...
I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.
Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property?
Would you max out your 401k or just match what your employer contributes and then use the remaining money to invest in real estate?
I know REITs are not corporations, but are their shares bought and sold like normal stocks? Also does anyone here know if any REITs in Southern California that specialize in apartments?
Seems like its damn near impossible to work deals in my local area , unless you have some capital to start with. I know that making deals with $0 is not a common feat, but its damn near impossible in the bronx. its ha...
On average how much do flippers in New Jersey pay in taxes? I’ve read that you only have to pay an income tax if it’s your soul income, that seems too good to be true.