
29 December 2024 | 1 reply
The facts are the same as in Example 1, except that B's child turns 13 on February 1, 2008, and B pays for the care provided in January 2008 on February 3, 2008... ...the amount B pays will be an employment-related expense under section 21, because B's child is a qualifying individual when the services are performed, even though the child is not a qualifying individual when B pays the expenses.So we CAN, after all, claim expense up to the birthday day!

26 December 2024 | 18 replies
I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

1 January 2025 | 36 replies
I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

27 December 2024 | 8 replies
Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.

28 December 2024 | 1 reply
This upgrade not only improved comfort but also significantly modernized the property.

31 December 2024 | 9 replies
It is my belief your current situation is not a bad position (it is a goid position that will improve with time).

28 December 2024 | 13 replies
Both cater to businesses with high transaction volumes and often customize services for clients who need frequent wires and robust credit options.Ultimately, your choice might depend on the frequency of foreign wires versus domestic ones and how much value you place on credit card perks.

1 January 2025 | 13 replies
Even if their online banking and technology is not as strong, the ability to take advantage of their ancillary banking services, most notably their real estate lending far outweighs any minor inconveniences.

30 December 2024 | 3 replies
Confirm that the warranty applies to the type of property you own and consider whether the annual cost and service call fees make sense compared to just handling repairs yourself or using your own trusted contractors.

22 December 2024 | 5 replies
If you prefer to be hands-off with full-service management, then I'd plan on paying around 20% commission as that's pretty common.