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20 February 2024 | 4 replies
My next step is to call his employer/university professor and see if he's been coming into work.
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20 February 2024 | 8 replies
He has a landlord reference of five years.My policy is to require three months of rent in advance, which is plenty of time for him to find employment or prove his ability to pay rent on time.
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20 February 2024 | 1 reply
However, despite having some success, I find myself at a plateau, struggling to grow my list further and enhance its quality.I've employed standard practices such as networking at local real estate events, leveraging social media platforms, and utilizing email marketing campaigns.
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19 February 2024 | 7 replies
Both my husband and I are W-2 employed with a combined income of $185KWe are not planning to flip the home.
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19 February 2024 | 5 replies
Same with the Solo 401(k) for those who are self-employed.
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18 February 2024 | 9 replies
For example, I'd make it conditional on proof in income/employment, etc.You MIGHT also see if there is a customary practice in your market area.Good luck.
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20 February 2024 | 11 replies
The ownership and use periods do not need to be consecutive.Exceptions to the Two-Year Rule:If you're selling due to a change in employment, health reasons, or other unforeseen circumstances, you may be eligible for a reduced exclusion.In cases of unforeseen circumstances, the IRS may prorate the exclusion based on the time you spent in the home.In your situation, if you sell the property before meeting the two-year ownership and use requirement, you may not qualify for the full exclusion.
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20 February 2024 | 6 replies
He says that since its interest, we can write off that $6000/month and recover 33% of that based on our tax bracket, so we would get back $2000/month. he said we could request that our employer takes $2000/month less in taxes our of our paychecks, effectively reducing the monthly cost to $4000/month (plus taxes and insurance). we plan to owner-occupy one unit of the duplex and rent the other for at least $2500/month.
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17 February 2024 | 5 replies
It depends on Johnny's tax rate, and how much employment income he already has.
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17 February 2024 | 25 replies
Hi all,I have a tenant who is wanting to purchase the property from me, but by the end of the lease, she will only have 6 months of employment and credit history under her name.