
6 October 2024 | 15 replies
I might suggest renting a car, if my memory serves me correct they are all 1-2hrs outside of Cancun.

7 October 2024 | 35 replies
Hi Alejandra,It has been a while since we last communicated, but I just wanted to follow up with you and Michael in regards to OneRent, Inc.

3 October 2024 | 17 replies
He apologized for the lack of communication.

2 October 2024 | 7 replies
I've always been a bit of a "job hopper" and have worked in several different industries over the years (eg. healthcare, insurance, bartending, audio engineering, project management, adult corrections, and other security work).

4 October 2024 | 17 replies
If I recall correctly, both had long-term, seller-carried notes at fixed interest rates.

6 October 2024 | 9 replies
@Ben Magee, In my state (PA) a tenant may break a lease WITH NO PENALTY if a unit is uninhabitable for an extended period and the landlord has been unable/unwilling to correct it.

10 October 2024 | 28 replies
I stand corrected—it is a cabin, not a condo.

5 October 2024 | 2 replies
Calculate Capital Gains:• Selling Price: $290,000• Basis: $166,667• Capital Gain = Selling Price - Basis = $290,000 - $166,667 = $123,333Depreciation Recapture• Since no depreciation has ever been taken by any owner, there will be no depreciation recapture to consider in this case.Final Capital Gains Tax Calculation• The total capital gains that Person C will be liable for upon selling the property will be $123,333.Summary• Capital Gains for Person C: $123,333• Depreciation Recapture: $0 (since no depreciation was taken)My QuestionsIs the above estimated capital gains tax correct?

7 October 2024 | 9 replies
To intentionally reduce the leverage more than required is a foreign concept to me.Best wishesDan, financially you are, of course, correct.

5 October 2024 | 5 replies
Nicholas is correct.