All Forum Posts by: Yasi Rios

 Thanks so helpful. 
idk what the heck’s going on with my taxes I literally have payed a lady in anchorage to do My taxes as I’m an independent contractor making 6 figures with a lot of write offs she’s done a horrible job I think. 

In my wife’s skepticism she called a property manger they said 1800-2100 at best for my house , the wife is now onboard for renting out by room , I have gotten a. Few hits from the school/parents  Already . Just nervous going forward , managing college kids in my first home . But it’s worth it I thin? 😓

 Thanks you for the book recommendation! Adding to my list. As far as the house we are not going to be living In it it’s a 5/2 we’re moving out so it’s completely available. I’ve already emailed the athletic director in regards to renting it. 

Just hoping I’m

Not chewing off more than I can chew extremely nervous going forward but I’ve already had parents asking about the room rentals. If you look through the comments impacted the offer I sent to the school boarding director 

 Thanks for this reply. I’m committed to paying off those taxes in the next few weeks hooping the irs will Negotiate

little update the wife came around to renting out by room, in her skepticism she called a property management company and they said they would rent our house out for 1800-2100 at best ! Our mortgage is 2100. So after I sent the numbers to the school student coordinator  he passed it along and I’ve had a few hits already interested. I’m now worried the numbers were to low “Whole house month to month lease: (with a two month notice)
$3,800 + $500 utilities

Whole house 6 month lease:
$3,000 + $500 utilities

Room month to month: (with a two month notice)
Master: $1,100 + $100 Utilities
R2: $900 + $100 Utilities
R3: $900 + $100 Utilities
R4: $900 + $100 Utilities
R5: $850 + $100 Utilities

Room 6 month lease:
Master: $800 + $100 Utilities
R2: $650 + $100 Utilities
R3: $650 + $100 Utilities
R4: $650 + $100 Utilities
R5: $600 + $100 Utilities

any thoughts :/? 

I’ve considered it a many times, but I always fall back to fishing and committing to three month trips at a time. Just to keep up with lifestyle and bills, I’ve been cutting back, recently.

I for the time being don’t see myself moving because I’ve made a life here, my wife’s family is here , her friends her nursing job, not that I haven’t considered it further down the line, I originally came up to Alaska for the money I wasn’t making in Florida. Down the line absolutely 

my tax debt is from back taxes (in come) 2021 I owe 34k plus 10k in penalties, working with a tax agent to see if that can be reduced. After this herring trip I’m currently on I plan to use these funds to pay off my tax debt . But then I’d have to come back in September for three more months to get any capital. 

Hello my name is Yasiel, a little bit about me, I’m 30 years old from Florida I moved up to Alaska a while back where I commercial fish, I make 6 figures a year but I’m gone 7-8 months a year which is extremely taxing on my life, mental health and mirage, and over all happiness, I realize I want financial freedom to be home more with my family , and do the things I know I’m meant to do. I work extremely hard for my money but now I want my money to work for me, I grew up poor in Cuba, my parents didn’t come from much either so I lack the financial knowledge to succeed in life. For example I made close to 200,000 in 2021 , but only have my house to show for it and 46,000 in tax debt and it’s also under my wife’s name because my credit score was not good enough to get the loan. I invested some in crypto when the hype happened and lost most of it when I had to sell for cheap. Because of expenses with getting married and new home owner ship. Problems I am facing include, having to fish to pay off this tax debt or using the money I make fishing which could be 30, 50k in three months , and then fish some more to invest, but I’ve been at this for 7 years and every day I spend on the boat I want to jump over when missing home 😆. The good news is that my wife and I are going to move into our in-laws home In Alaska because the snow bird in Arizona, it’s a great opportunity for us as we can now rent out our 5 bedroom 2 bathroom home in anchorage. My wife is against the idea of renting it out by room to the volleyball team in the local university through a coworker of hers that knows the coach. The lady then said actually this would be perfect for my cousins who are moving back to anchorage. But after I heard the first idea my wheel turned and now I can’t get that idea of renting out by room out of my head to increase cash flow with hopes of investing more and getting out of fishing!! But my wife is totally against the idea. I’m trying to convince her that I’m serious about starting my real estate dream so I can quit fishing and be home . And a way to do that is rent by room of our first home.

Some of my problems is my tax debt

Wife’s skeptical of my plans

Where is my time better spent? Back home finding deal getting my real estate license and immersing myself in that world or to be stuck fishing for the big checks to invest with.

Can I not pay my taxes going forward and throw that into deals? For a few years then pay them? I’m lost and desperately seeking advice I’ve been listening to the podcast since January and reading anything I can to educate myself and get out of this rat race I am in. Help.

Hello my name is Yasiel, a little bit about me, I’m 30 years old from Florida I moved up to Alaska a while back where I commercial fish, I make 6 figures a year but I’m gone 7-8 months a year which is extremely taxing on my life, mental health and mirage, and over all happiness, I realize I want financial freedom to be home more with my family , and do the things I know I’m meant to do. I work extremely hard for my money but now I want my money to work for me, I grew up poor in Cuba, my parents didn’t come from much either so I lack the financial knowledge to succeed in life. For example I made close to 200,000 in 2021 , but only have my house to show for it and 46,000 in tax debt and it’s also under my wife’s name because my credit score was not good enough to get the loan. I invested some in crypto when the hype happened and lost most of it when I had to sell for cheap. Because of expenses with getting married and new home owner ship. Problems I am facing include, having to fish to pay off this tax debt or using the money I make fishing which could be 30, 50k in three months , and then fish some more to invest, but I’ve been at this for 7 years and every day I spend on the boat I want to jump over when missing home 😆. The good news is that my wife and I are going to move into our in-laws home In Alaska because the snow bird in Arizona, it’s a great opportunity for us as we can now rent out our 5 bedroom 2 bathroom home in anchorage. My wife is against the idea of renting it out by room to the volleyball team in the local university through a coworker of hers that knows the coach. The lady then said actually this would be perfect for my cousins who are moving back to anchorage. But after I heard the first idea my wheel turned and now I can’t get that idea of renting out by room out of my head to increase cash flow with hopes of investing more and getting out of fishing!! But my wife is totally against the idea. I’m trying to convince her that I’m serious about starting my real estate dream so I can quit fishing and be home . And a way to do that is rent by room of our first home.

Some of my problems is my tax debt

Wife’s skeptical of my plans

Where is my time better spent? Back home finding deal getting my real estate license and immersing myself in that world or to be stuck fishing for the big checks to invest with.

Can I not pay my taxes going forward and throw that into deals? For a few years then pay them? I’m lost and desperately seeking advice I’ve been listening to the podcast since January and reading anything I can to educate myself and get out of this rat race I am in. Help.

Hello, a little bit about me, I’m 30 years old from Florida I moved up to Alaska a while back where I commercial fish, I make 6 figures a year but I’m gone 7-8 months a year which is extremely taxing on my life, mental health and mirage, and over all happiness, I realize I want financial freedom to be home more with my family , and do the things I know I’m meant to do. I work extremely hard for my money but now I want my money to work for me, I grew up poor in Cuba, my parents didn’t come from much either so I lack the financial knowledge to succeed in life. For example I made close to 200,000 in 2021 , but only have my house to show for it and 46,000 in tax debt and it’s also under my wife’s name because my credit score was not good enough to get the loan. I invested some in crypto when the hype happened and lost most of it when I had to sell for cheap. Because of expenses with getting married and new home owner ship. Problems I am facing include, having to fish to pay off this tax debt or using the money I make fishing which could be 30, 50k in three months , and then fish some more to invest, but I’ve been at this for 7 years and every day I spend on the boat I want to jump over when missing home 😆. The good news is that my wife and I are going to move into our in-laws home In Alaska because the snow bird in Arizona, it’s a great opportunity for us as we can now rent out our 5 bedroom 2 bathroom home in anchorage. My wife is against the idea of renting it out by room to the volleyball team in the local university through a coworker of hers that knows the coach. The lady then said actually this would be perfect for my cousins who are moving back to anchorage. But after I heard the first idea my wheel turned and now I can’t get that idea of renting out by room out of my head to increase cash flow with hopes of investing more and getting out of fishing!! But my wife is totally against the idea. I’m trying to convince her that I’m serious about starting my real estate dream so I can quit fishing and be home . And a way to do that is rent by room of our first home.

Some of my problems is my tax debt

Wife’s skeptical of my plans

Where is my time better spent? Back home finding deal getting my real estate license and immersing myself in that world or to be stuck fishing for the big checks to invest with.

Can I not pay my taxes going forward and throw that into deals? For a few years then pay them? I’m lost and desperately seeking advice I’ve been listening to the podcast since January and reading anything I can to educate myself and get out of this rat race I am in. Help.