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Results (10,000+)
Tom E. Camera and Lock systems
9 February 2025 | 7 replies
Hey @Tom E. so forget any cameras inside with guest present.
Eric Smith 1031 exchange with a related party
7 February 2025 | 6 replies
@Eric SmithGenerally, if the taxpayer sells the relinquished property to an unrelated party, the taxpayer generally cannot acquire replacement property from a related party unless:The related party is also participating in a 1031 exchange.The related party pays more in tax on the sale to the taxpayer than the taxpayer is deferring in the exchange (this scenario is rare).Let’s look who is considered a related party: Spouse, children, grandchildren, parents, and siblings.Corporations and shareholders owning more than 50%.Commonly controlled corporations.Partnerships and partners with more than 50% interest.Trustees, grantors, and trust beneficiaries.Non-Related Parties:In-laws.Aunts, uncles, nephews, nieces.Friends.Domestic partners.Entities owned 50% or less by the taxpayer or a related party.In your case, your mother-in-law, aunts, and cousins are not considered related parties to you under the definitions in Sections 267(b) and 1031(f).
Carlos Merancio Is Spokane a Good Market for House Hacking? Considering Tucson, AZ as Well
21 February 2025 | 5 replies
Spokane’s tenant-friendly laws could present challenges, but its lower home prices compared to other markets might provide more affordable entry points.
Ella Marie New and ready to learn hands on
4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
Miles Williams Happy to have Found BP!
20 February 2025 | 7 replies
With all the new development around the stadiums, it can be very lucrative and presents room for growth as the area continues to develop.
Jerry Chilimidos SDIRA lending and borrowing.
24 January 2025 | 16 replies
However, if the 401k has business income, it will be subject to UBIT.An IRA is not subject to capital gain taxes because it is a tax-deferred retirement plan.
Anthony Rondinelli Rental properties affecting DTI
21 February 2025 | 26 replies
You would be looking at the bottom section step 2b: https://content.enactmi.com/documents/calculators/Form1038.C...You dont add the total new debt, and total new gross income(understood its after 75%, I was presenting my numbers after accounting for that)??...
Christian Requejo Can I use a HELOC to build a new home? or Construction loan.
9 February 2025 | 4 replies
My wife and I need a bigger home and we have an opportunity that presented itself.
Abigail King Seller Finance Deals
4 February 2025 | 3 replies
could be just like a regular deal, but if you're up for pitching, presenting and educating a seller on the tax and other advantages of seller financing, you just might turn it into a seller finance deal.
Andreas Mueller Fannie and Freddie: Is it time to end Government Control?
19 February 2025 | 2 replies
Ending conservatorship presents an opportunity to improve market liquidity, access to mortgage credit and, perhaps most importantly, boost home and apartment construction.Investor Bill Ackman has a fantastic in-depth presentation on why we should end the conservatorship, which is a must-watch.