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5 January 2025 | 2 replies
Does the operational company already exist and have income history?
8 February 2025 | 89 replies
Quote from @Chris Seveney: @Jay HinrichsWhen I looked into it - I viewed it more as those who teach infinite banking etc (note that is not what tardus does - they teach what they call income snowball)Similar to infinite banking - it’s a strategy and you pay to learn the strategy - but whatever you invest in is up to you.
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9 January 2025 | 43 replies
Tax deliq, preprobate, etc.
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3 January 2025 | 26 replies
The article also fails to mention that overall transaction costs can actually be higher in countries where commissions are lower because the agent plays a different role, and due to needing to pay a lawyer for paperwork that agents complete here as part of their job (called a solicitor in Britain) plus VAT taxes and other closing costs need to factored in on top of the sales commissions, which we don't have here, overall costs can actually be higher even if commissions are lower.
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6 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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8 January 2025 | 7 replies
Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).
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15 January 2025 | 8 replies
Very sad, very taxing, a lot of effort before you have a deal to show for it.
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3 January 2025 | 5 replies
You must exclude the land value, typically allocated based on property tax assessments or an appraisal, as land is non-depreciable.
1 January 2025 | 2 replies
Wanted to know if landscaping is a tax deductable expense in general and if it differs when one unit is owner occupied.
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24 December 2024 | 3 replies
Then I would have a little more equity and like you said at that point it would be a loan against an investment property which is tax deductible right?