27 May 2020 | 8 replies
@Macayla FrycYou've hit upon a key attribute of running financials.
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15 July 2020 | 12 replies
@Mahad Omar a unique attribute to House-Hacking is generally that location matters, because your living in the investment as your primary residence and with that local to a job and so on matter.
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28 May 2020 | 6 replies
In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.
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1 June 2020 | 7 replies
If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.
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20 March 2021 | 0 replies
A Brookings Institution report attributes part of the decrease to the pandemic, which brought more deaths and more travel restrictions to most of 2020.Any increases in population indicate where people are heading to weather the Covid-19 pandemic, since the Census Bureau numbers are based on estimates collected this year.
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3 April 2021 | 12 replies
I personally would not touch office space with a ten foot pole right now except perhaps medical if the local market attributes are good.
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31 March 2021 | 6 replies
Usually each state that has income tax requires any income earned or attributed to that state to be paid to them.
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29 July 2021 | 42 replies
However, you cannot deduct expenses directly attributable to the rental period (rental agency fees, cleaning, and so forth).
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6 December 2016 | 4 replies
It depends on the lifestyle and attributes that the tenant values.Many perceive large management companies as being impersonal and quick to slap a notice on the door without checking in first with the tenant.
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30 December 2016 | 17 replies
When the equity reaches a certain level the property itself no longer is generating any income as it is all attributed first to the return on equity.