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5 July 2023 | 5 replies
.- Buying assets does not necessarily allow you to offset your other income- If it does, it's for one year only- REPS and realtor license are unrelated- REPS is difficult, sometimes impossible, to qualify for when you have another business you manage- Managing the practice probably does not make your income "passive"- There're other potential tax strategies to explore- None of them are a magic bullet that suddenly erases your taxes, they can provide a partial relief onlyYou may find this long thread interesting (warning: like all public discussions, it has a lot of misconceptions): https://www.biggerpockets.com/forums/51-tax-legal-issues-contracts-self-directed-ira/topics/942575-tax-benefits-from-re-investing-in-high-income-earners
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1 September 2016 | 18 replies
The Servicemembers Civil Relief Act states: a servicemember who receives permanent change of station orders or who is deployed to a new location for 90 days or more the right to terminate a housing leaseI understand, at the end of the day, this is a business and we, as investors, are looking to produce a profit at the end of the day, yet maybe because I am biased, I believe when dealing with military members (Active, NG, or Reserves) , especially during that lease process, it takes some additional conversations. . .
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17 August 2016 | 44 replies
In petitioning for bankruptcy relief, the filing entity will have to list assets and liabilities to paint a complete financial picture.
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5 July 2023 | 0 replies
Future Projection Close: "Imagine the relief and satisfaction of selling your property and achieving your financial goals."
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16 August 2023 | 4 replies
Also, if it does qualify as your residence, do you qualify for some exception to claim a partial tax relief from selling a residence.Only then, IF there's a significant tax problem, look at available strategies to mitigate the problem.See - none of this is simple.
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18 June 2020 | 6 replies
I get it if you go for relief and get it, or if its a 7 and they don't reinstate, or default on the 13, you don't get to recover the costs.
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5 October 2020 | 137 replies
Some of my offers, I knew were too low and although I was hopeful they would get accepted on the low side, deep down I knew they wouldn’t and that brought me relief (bc I was SCARED!).
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19 December 2019 | 6 replies
Just bought my tickets back to the states and will be back January 20th... so after a few days of jet lag relief I'll likely be touching base with y'all.
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22 August 2023 | 7 replies
Higher property taxes are across the state, but just this year, the state legislature passed the largest property tax relief bill in history.