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16 January 2025 | 23 replies
The only other option I see is a short sale, if you don't need to purchase for a few years and don't mind a temporary credit hit to save the $60k.
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1 February 2025 | 15 replies
You'll likely want to evaluate the investment with UDFI tax figured in.The Solo 401k trust would make the payments to the seller/lender and would also pay for any investment-related expenses.
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8 February 2025 | 10 replies
I had no idea who we were working with as I was lead to believe it was one of his clients from his tax business.
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15 January 2025 | 18 replies
Not that I'm a proponent of borrowing just for a tax break, but the interest is a deductible expense.
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1 February 2025 | 7 replies
The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.
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14 February 2025 | 37 replies
Have you considered negotiating the price or getting a credit with the sellers and doing the work yourself?
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17 January 2025 | 19 replies
If they don’t satisfy that call, the broker could force a sale of securities, making them incur unnecessary tax liability.Let us know which brokers offer the best SBLOC terms.
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12 February 2025 | 20 replies
Said it was one of his tax clients & would not give me their name.
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8 January 2025 | 6 replies
And she’s the one that released the latest tax rates and year to year comparisons in September of 2024.