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25 April 2024 | 10 replies
Quote from @John Hayes: It’s possible but requires the right team on the ground.
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26 April 2024 | 11 replies
John,I have personally been driving mostly electric since 2016.
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25 April 2024 | 18 replies
@John Underwood The case that set precedence for this tax lien change was not in Colorado - my concern is that other states will also follow suit, and they may, like Colorado, do so without reasonable notice or consideration to premiums paid or impact on investors who invested before the change.
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23 April 2024 | 18 replies
Quote from @John Underwood: Isn't FL a bid down state?
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24 April 2024 | 6 replies
@John Dehn, you aren't legally responsible for the excess water bill.
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30 April 2024 | 101 replies
Quote from @John Morgan: Wow, I’m really sorry you’re going through all this.
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24 April 2024 | 40 replies
Quote from @John Underwood: What companies are people using for their umbrella insurance?
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24 April 2024 | 2 replies
Hey John, To break it down for you: Capital Gains Calculation:For the 33.33% Interest Acquired via Quit Claim Deed (November 7, 2015): This portion of the gain would be calculated as the difference between 33.33% of the sale price and the original purchase price of $52,700.For the 16.66% Remainder Interest Acquired on November 17, 2020: This portion of the gain would be calculated as the difference between 16.66% of the sale price and the fair market value of the property on November 17, 2020 (the date of Person A's death).For the 50% Remainder Interest Acquired on January 17, 2023: This portion of the gain would be calculated as the difference between 50% of the sale price and the fair market value of the property on January 17, 2023 (the date of Person B's death).Consideration of Home Sale Costs: Deducting allowable costs associated with the sale (closing costs, repairs, etc.) from the total gain to arrive at the taxable capital gains amount.1031 Exchange as a Means to Defer Capital Gains: You're correct that a 1031 exchange could be utilized to defer the capital gains taxes.
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24 April 2024 | 3 replies
@Shawn McCormick @John O'Leary Thanks for the responses. 2 people recommending Colleen Pacheco - I'm sold