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27 February 2014 | 2 replies
Any recommendations on companies to install patio pavers in a small Denver yard?
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2 March 2014 | 15 replies
My question is for a wholesale deal, when figuring the scope of work would you figure to finish filling in the pool and making it into a patio or empty it and get it running again. ??
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2 March 2014 | 5 replies
The sale would be taxed as ordinary income.Reinvesting within the year or after won't change anything either way, you will still have to pay the tax on the income.
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2 March 2014 | 7 replies
Here's what I wrote here last June:Originally posted by @David Krulac:@Bryan WellerI don't like LLC, INC names that mimic the owner's name, like:Bryan Weller LLCWeller Real Estate LLCI think that the company name should be completely different from your own name, even Bryan and Bob LLC is something I don't like.From the IRS prospective there is always the question of dealer or investor, which often equates to being Federally taxed at long term Capital Gains rates or ordinary income at double the taxes. so your name should not state or imply that you are a dealer like:Day Trading Real Estate LLCBryan's Buying & Selling Real Estate LLCBryan's Flipping Homes LLC.Another thing that happens is that the nature of your business might change and now the specific name you pick does not apply likeRehabbing Chicago LLCThen you stop rehabbing or stop working in Chicago, once you move to Milwaukee or even Skokie and only do rentals the name Rehabbing Chicago doesn't make sense any more and will confuse people.I'm not as bothered by this one but have seen people that have names that don't quite fit or don't fit yet like:Worldwide Real Estate LLCGlobal Real Estate LLCTranscontinental Real Estate LLCActually met a couple of people with names like those who didn't own any real estate.
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7 March 2014 | 14 replies
Since it is at a patio doors on the exterior, why not tile it with ceramic as a mud area, then use a regular transition for that?
5 April 2014 | 12 replies
There may be exclusive use for a balcony or patio, but the ownership is usually common.
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9 March 2018 | 98 replies
He did, however, get to deduct that interest payment.)So you can see that even though there is no ability to roll Roth IRAs to 401Ks, you can still use your traditional monies to generate ordinary income.
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20 March 2014 | 4 replies
So, this only has a chance of working with an ordinary sale from an individual.
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6 June 2014 | 11 replies
Fenced in backyard with patio great for entertaining.
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7 June 2014 | 17 replies
Its ordinary income and subject to income tax at your marginal rate.