Thomas Mitchell
Just wanted to share my success story.
14 November 2013 | 20 replies
Only thing I dont like on your sale is the 30% capital gains support the [REMOVED] Actually the OP's wholesale deal will most likely be taxed as ordinary income.
Keith A.
Property expense question on tablet purchase
15 November 2013 | 6 replies
Virtually anything that is used in the "ordinary" course of business is a deduction.
Kenneth Huddleston
Investment Plan
20 November 2013 | 3 replies
It is self employment income Subject to both Self Employment Tax and Ordinary tax rates.
Jeremy D.
Tenant destroyed an apartment- capitalize the repairs?
22 November 2013 | 2 replies
The paint you may deduct as it is an ordinary repair.
Eddie Werner
Foundation support with a Tree????
24 November 2013 | 8 replies
So while it may look ugly compared to a milled beam, it's not out of the ordinary for an older home.I grew up in a house with wooden piers for the foundation.
Amie D.
Cincinnati Real Estate Agents/Wholesalers?
5 January 2014 | 5 replies
ad=31107488 for more info)Also, Brit Langman is a terrific real estate agent!!
Account Closed
Newbie here. How to funnel people into website.
13 December 2013 | 5 replies
The purpose of the yellow letter is simplicity; you're just an ordinary guy buying houses.
Casey S.
Bank wont loan if seller reserves mineral rights in TX?
3 December 2013 | 9 replies
Tell the seller to get another lender because this one is unwilling to meet terms that are not out the ordinary.
Travis Daggett
Short sale capital gain?
5 March 2014 | 8 replies
They have an ordinary income tax issue because forgiven debt is considered taxable income.
Jonathan Jacobs
How do I acquire my rental property in my S-corp
13 December 2013 | 13 replies
At least 60% of the corporation's adjusted ordinary gross income for the tax year is PHC income.