Jesse Kleiber
Are there Benefits to HELOC on Primary vs Rental Properties?
26 September 2024 | 4 replies
If so Deleware has a homestead exemption of $125,000, so up to $125,000 of equity in your personal residence is exempt from creditor attachment, except for mortgages specifically referring to the homesteaded property.
Dale Adams
Subdividing Land - Adjustments to Tax?
24 September 2024 | 1 reply
It may be different in Nova Scotia but here in Winnipeg property taxes are attached to title.
Desstani R.
150,000 to start investing and don’t know where to begin!
27 September 2024 | 13 replies
Don't get emotionally attached to a property you tour.
Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
25 September 2024 | 9 replies
Whether or not there is a self-employment tax attached is based on whether or not you materially participate in this business.
Evan Loader
Lending private money, getting things started
24 September 2024 | 8 replies
I would want my money to be secured by a promissory note and mortgage on the property in question, and thanks to the advice from some on here, if the property in question isn't enough to cover it, I would need to attach a lien to other property to ensure I can get my money back.
Julio Gonzalez
Tax Professionals and Taxpayers - Beware of Scammers
23 September 2024 | 3 replies
There also could be malicious attachments or links that work to steal your login information or infect your computer.Here are some ways that you can protect yourself and your clients.Stay up-to-date on IRS Communications: If you receive any communication from the IRS, ensure it is coming through a verifiable channel.
William Johnny
Pay off debt first or invest first
25 September 2024 | 17 replies
Some people hate debt and it reduces their quality of life to have it (for some all debt, for some only if that debt is not attached to an appreciating asset).
Rene Hosman
Do you put extra money toward principle or invest that money elsewhere?
23 September 2024 | 5 replies
The emotional attachment to the idea of paying off my mortgage early still looms large in my brain though.
Joseph Belgrad
Liability if VRBO tenant injured on my property
22 September 2024 | 3 replies
When we talked to the plumber, he had said the hot water was working when he left and he gave them his number to call incase of further issues, but he said he didn't hear back from them again.My partner asked her to send pictures and she sent the attached.
John Mason
Profit from flips if I have 250 K capital
23 September 2024 | 15 replies
@John MasonI think it's less about the capital, than about your experience, your network, and your planThat is certainly more than a lot of folks have if it is truly cash and not borrowed / strings attached