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27 April 2024 | 11 replies
Furthermore, you should calculate your cash on cash return instead on what the FMV is of the property instead of what you brought it for.The value of $500,000 tax free is about $125,000 if you assume 15% federal taxes and another 10% in california state taxes.
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26 April 2024 | 0 replies
Unlike some states, North Carolina does not impose a state property tax, leaving the determination of tax rates to local governments.
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27 April 2024 | 19 replies
There were a couple of comments/concerns regarding the individual LLC Operating Agreements, and you certainly want to have the Operating Agreements reviewed to make sure there is nothing in there that might cause concern or problems between each of the individual owners, but the most important document would be a newly drafted Tenant-In-Common Agreement that governs how the TIC will be managed/operated.
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25 April 2024 | 18 replies
Here is what is good: in Colorado they pay 9 points above the current US Federal Discount Rate (which is 5.5% right now) - so that would be an interest rate of 14%+.
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26 April 2024 | 23 replies
I wondered if it was true or not but I can see that kind of service out there for those that dont want or cant get government help.
27 April 2024 | 21 replies
Most importantly, they understand rental law and what it takes to meet federal Fair Housing laws and other state statutes.
29 April 2024 | 248 replies
The government made a conscious effort to devalue our currency, took it too far and now they've got to suck some money out of this economy.
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26 April 2024 | 21 replies
The assumption here is that the US government will continue to be a government and will not default on its loans.
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25 April 2024 | 8 replies
The Federal Reserve's target has been 2% inflation and it is currently at 3.5% for the year.
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25 April 2024 | 7 replies
Postal Service address,Voter Registration Card,Federal and state tax returns, andDriver's license or car registration.Because it is the IRC - there are plenty of additional exceptions and caveats to be aware of.