10min chapter

The Personal Finance Podcast cover image

How Stressful is Home Ownership VS. Rental Properties! Money Q&A

The Personal Finance Podcast

CHAPTER

Real Estate Investing and Managing Finances

Exploring the benefits of real estate investing, finding the right business partner, and managing finances by adjusting tax withholdings and 401k contributions on monthly paychecks. Advice is given on separating commission income, estimating tax liability using the IRS calculator, and staying flexible with 401k contributions for high commission months. Tips are provided on monitoring pay stubs and tax withholding throughout the year to avoid penalties, with a suggestion to consult a CPA for personalized guidance.

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