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25 January 2025 | 2 replies
The president has zero impact on underwriting guidelines and zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.
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29 January 2025 | 1 reply
Be honest—are you waking up early and controlling your day, or are you rolling out of bed and playing catch-up?
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5 February 2025 | 69 replies
I am not talking about the time to get permits approved because it is not in their control, only talking about the time it took them to get the paperwork submitted.2.
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4 February 2025 | 87 replies
You are only in control of what you do.
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29 January 2025 | 8 replies
Some people are more disturbed by that than others (even if they have nothing to hide) - and following you around may give them a greater sense of control and therefore comfort.
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4 February 2025 | 10 replies
For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.
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22 February 2025 | 12 replies
CPAs (Certified Public Accountants)Role:CPAs are accountants who have gone through rigorous licensing exams and meet state requirements.Responsibilities:•Everything accountants do, plus:•Preparing audited and reviewed financial statements•Conducting forensic accounting and fraud investigations•Representing clients before the IRS in audits and disputes•Developing advanced tax strategies•Advising businesses on mergers, acquisitions, and financial structuringCredentials:To become a CPA, one must:•Pass the Uniform CPA Exam in Auditing and Attestation, Financial Accounting and Reporting, Taxation and Regulation, and a specialized area, such as Tax Compliance and Planning or Information Systems and Controls.
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7 February 2025 | 6 replies
@Eric SmithGenerally, if the taxpayer sells the relinquished property to an unrelated party, the taxpayer generally cannot acquire replacement property from a related party unless:The related party is also participating in a 1031 exchange.The related party pays more in tax on the sale to the taxpayer than the taxpayer is deferring in the exchange (this scenario is rare).Let’s look who is considered a related party: Spouse, children, grandchildren, parents, and siblings.Corporations and shareholders owning more than 50%.Commonly controlled corporations.Partnerships and partners with more than 50% interest.Trustees, grantors, and trust beneficiaries.Non-Related Parties:In-laws.Aunts, uncles, nephews, nieces.Friends.Domestic partners.Entities owned 50% or less by the taxpayer or a related party.In your case, your mother-in-law, aunts, and cousins are not considered related parties to you under the definitions in Sections 267(b) and 1031(f).
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25 January 2025 | 3 replies
@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.
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21 February 2025 | 14 replies
The delivery guy told the local animal control.