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21 December 2024 | 14 replies
What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?
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19 December 2024 | 13 replies
This is what I learned: I could not deduct interest on personal loans so I ended up paying as much in taxes as I made.
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25 December 2024 | 8 replies
And the few options that arise are very overpriced due to scarcity.
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23 December 2024 | 2 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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23 December 2024 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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22 December 2024 | 4 replies
Rarely do you see someone with perfect credit all of a sudden have a short-term hiccup (usually due to illness or something like that).
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25 December 2024 | 12 replies
In my lease, rent is due on the 1st and late on the 6th (and I file eviction on the 10th).
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21 December 2024 | 3 replies
I'm interested to hear about this due to rate hikes and optimism in the real estate world coming in the year ahead!
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16 December 2024 | 1 reply
Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!