by Gary Wilson | Jul 5, 2018 | Rental Properties
Okay. So everybody has their tax strategies. Some of these again, they may not be very pertinent right now. Although, for some of you who already own properties, they will certainly be pertinent. The very first one is one of the ones that is not the most glamorous one...
by Gary Wilson | Jul 4, 2018 | Rental Properties
1.9 DO NOT OVERTAX RENT INCOME: While it is Ordinary Income, Rent Income is not Subject to Social Security taxes. That is, rents for the use of property are not subject to self-employment (social security) taxes. IRC 1402 (a)(1). This is so regardless of the number of...
by Gary Wilson | Jul 2, 2018 | Real Estate
1.7 New Strategies in Leveraging Your Money in today’s Market. Buying properties already up and profiting on DAY 1! (And use the banks 4.5% money for your 1st mortgage) Get your down payment from a 401K (borrow form yourself not others) Get your down payment from...