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6 February 2025 | 9 replies
Do you have a great credit report you can show them?
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5 February 2025 | 38 replies
That is how tragic this 12-year run of financial fraud appears to be as explained in this report on the Laguna Niguel, California based Norada Capital Management.
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28 January 2025 | 20 replies
And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.
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30 January 2025 | 6 replies
They lower taxable income for federal taxes but not for FICA.However, employer contributions made by the S-Corp are not subject to FICA and count as a business expense.Make sure your W-2 correctly reports wages, deferrals, and FICA wages.
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14 February 2025 | 10 replies
You fill out an application, provide proof of income, credit report, list assets, list liabilities, and so on.
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10 February 2025 | 62 replies
The additional bump of money at the end comes about because you have been paying your mortgage down for a few years so you are further along in the amortization schedule which means your mortgage will be smaller than the new mortgsge and when the new buyer pays off the new mortgage, then you get the difference.
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8 February 2025 | 6 replies
Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.
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4 February 2025 | 2 replies
I've seen posts on here from a few years ago about rental portfolio dashboards, but all seem to be inconclusive or suggest a software subscription to have such a reporting tool.
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23 January 2025 | 8 replies
What are the bumps you have to overcome at each level?
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10 February 2025 | 22 replies
Dumb question, but why does Avail force them to agree to a credit report to set up a payment method?