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23 January 2025 | 26 replies
I do like the tax benefits and leverage.
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21 January 2025 | 31 replies
It certainly isn't worth the money.
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27 January 2025 | 14 replies
(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake.
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24 January 2025 | 35 replies
It has cost many people including myself a lot of unnecessary money and still is because you deal with the tax portion of opening unnecessary LLCs recommended by supposed professionals.
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25 January 2025 | 15 replies
I'd also add to that that you are paying a 20% withholding tax on gross rental income.
9 January 2025 | 0 replies
Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.
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5 February 2025 | 5 replies
We're in the business to make money right?
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4 February 2025 | 9 replies
In the latter I would much rather have my money and be in control.
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23 January 2025 | 5 replies
You've earned $132,000 more by splitting your money and leveraging it.
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6 February 2025 | 12 replies
In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.