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15 May 2024 | 8 replies
for example I’d need to make 18 at work to equal 9k rental income.So I calculated that with real estate I’m saving 35% fed 7.75% IL tax 7.25 Social security tax and 0.9% niit tax.50.6% savings ?
17 May 2024 | 13 replies
More markets equals more time needed to track, meet with your team, travel to and from, tax season, etc.
16 May 2024 | 10 replies
When there is no realtor involved, it could be fine, but it could be disguising the fact that there would be fraud going on or that the purchase price doesn't equal market value (i.e. two related people selling a property one to another at an inflated value, etc.)
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16 May 2024 | 12 replies
$450k is pretty cheap for a Cali so maybe it works as rental (don't know the strategy here) but rental cash-flow could take years to equal $225k tax free.
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16 May 2024 | 5 replies
If you are all putting in different amounts of money, how does that relate to decisions on the property-does everyone (ie all 4 as you and your wife may be 1 vote) have an equal say regardless if they put in $25K or $400K?
16 May 2024 | 6 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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16 May 2024 | 24 replies
Bottomline was a 2022 tax savings (refund) and 2023 quarterly adjustments equaling over $13,000 that we were not expecting.
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16 May 2024 | 9 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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14 May 2024 | 5 replies
This type of survey is crucial for ADU projects because it reveals the lot’s contours, slopes, and elevation changes, which are vital for foundation design and drainage planning.
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16 May 2024 | 74 replies
Rents equal $950 a month.