![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/452445/small_1621477289-avatar-craigl16.jpg?twic=v1/output=image&v=2)
3 May 2024 | 30 replies
IRC Sec 1402 and the related Treasury regs govern income subject to SE taxes.(3) No such thing as "active" income in the context of IRC Sec 1402 and 469.Again, most Airbnb and VRBO belong on Sch E and are not subject to SE taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1517937/small_1639892018-avatar-derricklind.jpg?twic=v1/output=image&v=2)
2 May 2024 | 12 replies
Tax deeds convey title to the purchaser free of all prior encumbrances (mortgage liens, judgment creditors, etc.) of any kind except liens specified by Revenue and Taxation Code Section 3712, Lis Pendens actions and any Federal Internal Revenue Service (IRS) liens that are not discharged by the sale”.
2 May 2024 | 41 replies
(He's also known for some time why I longer give his father new projects: because his father -also handyman, not a contractor - kept quoting thousands of dollars per project despite knowing the CSLB rules that govern handymen and their work in the state.)How would you deal with this if you were in my shoes?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2909568/small_1714250944-avatar-crazzyhorsse.jpg?twic=v1/output=image&v=2)
1 May 2024 | 4 replies
.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2793689/small_1690940418-avatar-peytonl18.jpg?twic=v1/output=image&v=2)
3 May 2024 | 8 replies
All bids are to be based on the bidder’s own information and knowledge of the property, learned through his or her own efforts, and not on any representation or comments made by the Committee.The property is being sold free and clear of the lien(s) being foreclosed, and of all interests subsequent in right to that lien.The property is being sold subject to:All taxes due the municipality not foreclosed by this action,Water and sewer use charges not foreclosed by this action,All building and zoning regulations of the municipality which affect this property,All building lines, easements, restrictions and all other matters concerning this property which appear of record,The rights of any person in possession or occupancy of the property who have not been made parties to this foreclosure action,The right of the United States of America to redeem the property, if applicable under Federal law,Any other liens on this property which have not been foreclosed by this action.Further description of the property and further terms of the sale may be obtained from the Committee or from the court file.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
2 May 2024 | 2 replies
He told me that his family growing up was quite poor - he grew up in government subsidized housing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2504159/small_1677457893-avatar-beccaf6.jpg?twic=v1/output=image&v=2)
9 May 2024 | 159 replies
I lost my government job that paid poorly about 5 years ago and there was virtually no stress because my finances were so strong.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/217154/small_1621433942-avatar-amcoffey.jpg?twic=v1/output=image&v=2)
1 May 2024 | 26 replies
If it's run by the local government as most water companies are; you can file a Freedom of Information Act Request.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2993763/small_1712786005-avatar-forrestb31.jpg?twic=v1/output=image&v=2)
3 May 2024 | 25 replies
When you look at your tax liability, consider that your depreciation will be recaptured at 25% federally.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1477515/small_1711548778-avatar-dimitrisv.jpg?twic=v1/output=image&v=2)
2 May 2024 | 23 replies
The government is investing around 8 billion euros into developing the infrastructure there, including casinos, shopping malls, sporting grounds, and residential communities.