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11 October 2024 | 8 replies
Here are a few considerations with respect to the 401k: 1) Although you can take funds with no penalty for first time home buyer, you can't return the money to the 401k. 401(k)'s have unique tax advantages that allow for tax-deferred, or in the case of Roth, Tax-Free growth.
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18 October 2024 | 37 replies
But 4th, 5th, 6th, 7th, if done right, showing me serious, dedicated, INVESTED, well I think that would turn the tides and at some point I'd gain enough belief and respect for the effort, I'd give em a crack.
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13 October 2024 | 54 replies
We told her 4 things: (The tenants were all relatively close and respectful to one another)"RUBS isn't unlike Cable TV....
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9 October 2024 | 3 replies
I would assume there are some people on here who have gone down the path of developing affordable housing projects for their respective markets.
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13 October 2024 | 11 replies
With respect to your 2 questions, 1) when you sell the property, all the depreciation taken (regardless of whether it was used to offset income in the past) is subject to recapture.2) You can reduce your taxable capital gain by subtracting the selling expenses from the sale price.
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11 October 2024 | 12 replies
I respect and learn from my elders and actually appreciated your initial post, appreciated your second post even more
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10 October 2024 | 8 replies
You do have to be aware of cultural differences and other challenges:- In other countries, workers ALWAYS take their birthdays off- You should inquire about & respect local holidays- Timezone differences of more than 2-4 hours, can lead to mysterious "sick" days.
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14 October 2024 | 420 replies
Brand new schill account that tried to throw shade at some of the most respected investors in the country.
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11 October 2024 | 26 replies
It doesn’t typically matter if you own the property or not when asking for bids but it’s respectful to tell them if you don’t own it.