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6 July 2020 | 24 replies
I think speculating on amazon would be a huge gamble at this point.
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30 November 2017 | 14 replies
At that point if you purchased the property to flip it the cost of renovations, repairs, apoliances, etc... would be capitalized as WIP inventory and then recognized as cost of sales once the property is sold.If you are not a real estate professional and you aren't actively flipping multiple properties per year (specific number is a gray area) then you would still have long term or short term capital gains.
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10 December 2017 | 22 replies
Due to the fact that most courts will will not recognize the eviction as your eviction***3) an agreement at the first court date - we came to an agreement at the first hearing that they would be out in two weeks and that would avoid the eviction and judgement for unpaid rent.
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6 December 2017 | 3 replies
1) if the person who gave the gift recognized it on their tax return as a gift you don’t owe tax, and there is a large gift lifetime gift limit (over 5m 2) property tax has nothing to do with income tax, which is what the gift has effect on.
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23 November 2017 | 4 replies
A "conforming, conventional" loan is a loan type governed by Fannie Mae and Freddie Mac (if you recognize those names) and the terms will be the same at each bank...since it's Fannie/Freddie money.
27 November 2017 | 4 replies
If you, based on market indicators, believe that there will be appreciation then hold on however we all know that's a gambling mans game.
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4 December 2017 | 27 replies
However remember many states have more restrictive laws than the federal law, so many states do not recognize the Mrs Murphy exemption.
27 November 2017 | 7 replies
If you enjoy your studies and have a passion for it then go ahead and finish it but recognize it may not be directly applicable to your career.
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1 December 2017 | 13 replies
Not sure how to recognize if something is a deal or not.
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29 January 2018 | 54 replies
Deja vu from 2005-2007..........Yes, you need to leverage your equity to keep moving forward....wont argue that....but to pull out ALL your equity to go buy more properties in a very high market, sounds like a huge gamble to me..... use the leverage....hell yes.....but using ALL of your equity is a huge ALL IN bet..... you better be able to back it up if there is a big correction......Guess I'm just a wimp.....hope you are right.......