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4 January 2022 | 2 replies
We have an investment property on the bottom floor of condominium 8-plex.
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8 January 2022 | 13 replies
Individuals will owe the tax if they have Net Investment Income and also have modified adjusted gross income over the following thresholds:Filing StatusThreshold AmountMarried filing jointly$250,000Married filing separately$125,000Single$200,000Head of household (with qualifying person)$200,000Qualifying widow(er) with dependent child$250,000Taxpayers should be aware that these threshold amounts are not indexed for inflation.If you are an individual who is exempt from Medicare taxes, you still may be subject to the Net Investment Income Tax if you have Net Investment Income and also have modified adjusted gross income over the applicable thresholds.NII consists of the sum of three categories of income reduced by any properly allocable deductions for each [Reg. 1.1411-4(a)].
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4 January 2022 | 5 replies
After debts and household living costs, I have roughly $40k/year in disposable income to put toward down payments on new properties.
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5 January 2022 | 4 replies
A pig is not listed as an ordinary household pet and I doubt they can justify needing that specific type of animal.www.hud.gov%2Fsites%2Fdfiles%2...
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5 January 2022 | 7 replies
I require gross monthly household income to be 3X rent.
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25 January 2022 | 4 replies
And if you're worried about your own personal house hold.
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11 January 2022 | 15 replies
Median household income: $31,630.
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10 January 2022 | 5 replies
Is the income/credit check only on the person that applies or on the household?
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10 January 2022 | 2 replies
What to pay attention to? Should I do the inspection if the APT looks good?It's from 1970 and has a tenant there for 3 years already that plans to stay.I appreciate any tip on that. Thanks in advance!
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15 January 2022 | 1 reply
That represents an increase of 10.3 percent;-Total dollar volume for full-year 2021 rose 28.2 percent to a record-setting $40 billion;-December single-family home sales declined 4.5 percent year-over-year with 9,272 units sold;-Total December property sales fell 1.9 percent to 11,432 units;-Total dollar volume for December rose 12.4 percent to $4.3 billion;-At $319,000, the single-family home median price rose 17.2 percent to an all-time high;-The single-family home average price climbed 13.5 percent to the second highest in history, $392,449;-Single-family homes months of inventory narrowed to a 1.4-months supply;-Townhome/condominium sales ended a strong year with a 21.5 percent year-over-year jump in volume, the average price up 13.8 percent to $258,139 and the median price up 20.9 percent to $220,000;-Leases of single-family homes rose 5.9 percent with average rent up 7.5 percent to $2,042;-Leases of townhomes/condominiums fell 23.0 percent with average rent up 5.5 percent to $1,731.