2 October 2025 | 18 replies
Wage suppression since the 1970s.NIMBY.
9 October 2025 | 10 replies
Paying Yourself or Your WifeThere’s really no tax benefit at this scale to paying yourself or your spouse.You can’t pay yourselves W-2 wages from rental income reported on Schedule ETechnically, you could pay one of you as a contractor (for services like cleaning), but that income would be subject to self-employment tax, which often offsets the benefitIn most cases, it’s far more efficient to deduct the cost of cleaning supplies, mileage, and other STR-related expenses instead of creating taxable incomeFocus on maximizing deductions and logging work hours to support material participation, not payroll setups4.
11 October 2025 | 19 replies
I believe the majority of the cost difference does not go to the business, but to the employees and livable wage and need for insurance is real.Having said this, I have never used a licensed contractor for a fence install.
24 September 2025 | 18 replies
It really is a nice perk of making rentals nonpassive that high income earners can avoid NIIT, which is easy to forget since we're usually focusing on qualifying rentals as nonpassive to deduct a tax loss.
26 September 2025 | 8 replies
Now we have garnished his wages and receiving a check every month.
23 September 2025 | 5 replies
I am a stay-at-home mom taking of two kids and hubby is a high W2 income earner (we are in the highest tax bracket).
25 September 2025 | 7 replies
For those actively acquiring properties, this could significantly impact deal analysis, particularly for high-income W-2 earners trying to offset ordinary income.The estate exemption bump to $15M / $30M is massive!
1 October 2025 | 8 replies
Now its destroyed.The amount of take home pay with the 5 units is practically Taco Bell wage after all the taxes insurance and expenses.
19 September 2025 | 8 replies
Quote from @Zeni Kharel: Hi everyone,As a high-income earner, what is the optimal order of funding tax-deferred and tax-advantaged accounts to maximize tax savings?
24 September 2025 | 10 replies
I am completely debt free and make a pretty comfortable wage, at the moment I am currently saving for a down payment.