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Results (10,000+)
Jenny Gremillion Tax Strategy question regarding Vacation rental
22 September 2018 | 8 replies
@Jenny Gremillion  Can't hurt to run it by her to ascertain her comfort level.There's CPAs all over the country who are familiar with not only federal tax law, but state and local tax law outside of their geographical location.No need to limit yourself to where the property is located. 
Jorge Vazquez Trade War May Be a Great Opportunity to Invest in US Rentals
21 September 2018 | 0 replies
China buys a LOT of US Bonds, driving interest rates higher if they react Trade wars can raise interest rates because they drive inflation, and the Federal Reserve is as allergic to too much inflation as I am to shellfish, and interest rate increases are their tool of choice.China is the biggest holder of US notes.
Susan Shen Does property management com have right to hold last month's rent
23 September 2018 | 16 replies
I would also remind everyone that marijuana possession and consumption is still a federal offense so Landlords are well within their rights to ban it from their property.
Angela Smith I need to learn about capital gains taxes
11 October 2018 | 2 replies
You should be seeing some cash-flow if its a 1% deal.If you sell the property now - the gain isin't so greatSales price $85,000Less Commission of $4,000Less Misc Closing costs $2,500Less cost basis of $68,500Gain = $10,000You then have to pay federal income tax(STCG) which is your marginal tax rate.You also have to pay income tax to Indiana of 3.3%I don't know what your marginal tax rate is but you are giving up the cash-flow for maybe $8,000.I would personally keep the property. 
Ryan Kinley Having a problem with a Brrr Refinance
23 September 2018 | 8 replies
Ryan,You may want to try First Federal of Lakewood (FFL) or LimaOneCapital.  
Henry Der C-Corp holding LLC's that Hold Property
28 September 2018 | 7 replies
Then corporate tax would be only the federal component of 21% max. 
Royce Hodnett Commercial Investing Without Syndication
19 September 2019 | 34 replies
By refinancing when rates dropped last fall (to 4.25% for a 15)  I 'costed' him a $9k federal tax bill. 
Bob Jones A question about notes and mortgages.
27 September 2018 | 8 replies
If that's the case, I would highly recommend you trend very carefully and focus more so on whether what they teach adheres to Dodd-Frank and SAFE, aka major federal laws on residential financing transactions.
Weina Shi Multifamily Cost Segregation
10 March 2021 | 18 replies
If someone is in California and in the 37% federal tax bracket and 12.3% state tax bracket it'd make a lot more sense to pursue cost seg than someone in the 12% federal tax bracket with no state tax. 
James Wise New Landlords - Are you prepared for the hate?
28 September 2018 | 77 replies
I have also told acquaintances who are looking for housing for a family member, that federal Fair Housing requires that I treat everyone the same in terms of application, screening and qualifications.