Bruce D. Kowal
The §1245 Silver Lining: Turning Tax "Pain" into Strategic Gain
6 February 2025 | 3 replies
The §1245 Silver Lining: Turning Tax "Pain" into Strategic Gain“’That'll be $500,000 in ordinary income.'
Esther Joseph
Real estate growth!
6 February 2025 | 2 replies
I don't know about you but I am constantly on the hunt for consistency, consistency of income, of deals, of productivity, in my relationships...so that's my focus in all things not just real estate.So my vision to your question is a a state of total consistency of income and deals.I'm focused on the basics, which to drive me is even more specifically "making offers."
Raymond Kalonji
Are My Screening Criteria Unrealistic for Section 8
30 January 2025 | 5 replies
The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.
Mindy Perry
property management software and 1099 K
31 January 2025 | 7 replies
If the property manager uses a payment app integrated with the property management software to collect rent for the landlord, this is not gross income for the property manager.
Travis Tamillo
Active duty turned Realtor
11 January 2025 | 13 replies
I retired in 2008 with 21 years in the Air Force.13 sales in your first year is pretty impressive, particularly for someone on active duty.
Cathy Ries
Is it worth tax planning before acquiring rentals?
3 February 2025 | 8 replies
But in reality, for younger people with moderate income, I actually see less benefit to financial planning.
Josh Deschene
How Do I Structure My First Deal
6 February 2025 | 1 reply
However, this would force them to move out, lose their current rental income, and have to pay rent off their limited salary. 3.
Mario Morales
Cash Out Refi-LTV on a rental property vrs owner occupied
28 January 2025 | 9 replies
If not, the income won't be considered. 1.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
We will both keep our W2 employment for the near future just looking into getting an extra income or make our retirement easier.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.