Julie Yarnall
Portland OR Zombie House Fixer
27 August 2024 | 2 replies
Time to value equated to an hourly wage of $332 per hour.
Cory Lader
Would you settle?
26 August 2024 | 18 replies
I think, in general, unless you're an extremely high W2 earner just looking to get into real estate for tax purposes, buying for cash flow gives you the durability to weather market fluctuations as you're never in a position where your back is against the wall and you need to sell... unless you have debt coming due.Now, that being said, if the true cash flow, after allocating for all expenses, vacancy, maintenance, capex, etc. is in the black, then I think taking a 5% CoC return in an appreciating market isn't a bad move, especially if there is a component of value-add.
Jeannette Albiez
Tenant damage costs more than deposit and exceeds small claims limit
25 August 2024 | 7 replies
MAYBE you could get the court to garnish wages, but that's highly unlikely.
Kristen Haynes
Nationwide Housing Stats - And September / November Rate Cuts...
24 August 2024 | 3 replies
Every quarter we get the QCEW (Quarterly Census of Employment and Wages).
Malieka Henry
Mid term Rentals
22 August 2024 | 29 replies
Is a very cash intensive play but for big earners this is a good investment because with the investment into their properties they are reducing their taxes.
Allen Tracy
California CPA Recommendation
23 August 2024 | 54 replies
Many of the tax planning service companies referenced herein want charge $5000-7000 for tax planning services which seems exorbitant for someone like me who is a single W2 earner with a pretty simple tax return.
Account Closed
Vice President Harris Announces Economic Agenda
21 August 2024 | 182 replies
Jobs and wages are regional as is the cost of housing .
David Chance
Selling my rentals - Tax ramifications
21 August 2024 | 18 replies
Annual adjustments: These income thresholds and premium amounts are adjusted annually.It's important to note that various types of income can affect your MAGI, including wages, Social Security benefits, pension payments, and even tax-exempt interest from municipal bonds.
Quinlan Moran
What The Best Way To Move Forward On My Path To Financial Fredom Through Real Estate
20 August 2024 | 8 replies
You've got the age old dilemma that high w2 income earners in our area have.
Joe K.
IL - Worth trying to collect on judgement?
19 August 2024 | 3 replies
Anyone familiar with IL to know if it’s worth trying to garnish wages, etc?