
18 June 2024 | 0 replies
When people refer to the Federal Reserve “setting rates,” they mean the effective federal funds rate or the rate at which banks charge other institutions on an overnight basis.

19 June 2024 | 11 replies
Not one of these BP members told you that Governor Ron DeSantis made a law this year that requires everyone with a mortgage to carry Federal Flood Insurance in two years.

18 June 2024 | 0 replies
Exploration of solar panels with 1,651 hours of usable sunlight per year and attractive state and federal grants available.

18 June 2024 | 38 replies
@Emily Anderson true on the flat 24% tax rate on rental income without the possibility to deduct costs from it.Keep only one thing in mind: rental income is being added to regular taxable income (salary and rental income).So I could deduct costs before ending up with taxable rental income, however for me, it is being added and calculated together with my salary income.That means I'm easily reaching higher tax brackets even after the deductions, while with a flat rate it always stays the same (even if you earn way more rental income).

18 June 2024 | 15 replies
If my cash flow was not strong enough to weather them moving, I'd eat the tax increase while considering a 1031 or an outright taxable sale, both of which I've done.

17 June 2024 | 13 replies
I can tell you a reinstatement and a payoff quote come from the same department in a bank and, follow the same parameters per federal rule.Maybe it's pulling off a touch down with 1 minute to go but sounds like maybe scoring on the wrong end of the field.
15 June 2024 | 7 replies
Figuring different taxability levels in a 1031 exchange if you're thinking of a partial exchange is perfectly straightforward.

20 June 2024 | 245 replies
They are neither federal (a government entity) nor are they a "reserve" but you already knew that, it's for those that didn't know.The Fed Chair's job is to keep power where it belongs.

15 June 2024 | 10 replies
That just converts tax free funds into a taxable rental that you will have to pay to get your own money back to live on.

13 June 2024 | 4 replies
Did your tenant file federal accommodation paperwork before she moved in?