
21 May 2018 | 93 replies
Maybe I am weird, but I get a great sense of accomplishment from turning a sad place into a bright, clean, attractive space.Did the renovations take care of the bedbugs or did you have to do a special treatment?

2 October 2021 | 82 replies
Living Will; End of Life- This is more for applying medical treatment or not under certain circumstances to continue your life support, while you are incapacitated.

28 December 2022 | 10 replies
Also I recently found out some states don't participate (California is one) on the tax treatment of Opportunity zones.

8 May 2022 | 17 replies
Slight blood spots on the pillowcases were the worst thing and they came right out with some pre-treatment (Shout).

1 December 2023 | 11 replies
Investing in dividend stocks offers several advantages, including:Passive Income: Dividend stocks generate a consistent stream of passive income, providing regular payouts to shareholders.Diversification: Dividend stocks can be easily diversified across different industries and sectors, mitigating overall portfolio risk.Tax Advantages: Dividend payments are often eligible for favorable tax treatment, enhancing overall returns.Potential for Capital Appreciation: Dividend stocks may also experience capital appreciation, leading to additional gains over time.However, dividend stocks also carry certain drawbacks:Fluctuating Dividends: Dividend payments can vary or even be suspended depending on company performance.Market Volatility: Dividend stocks are subject to market fluctuations, meaning their value can rise or fall significantly.Limited Control: Shareholders have limited control over company operations and dividend decisions.Single-Family Rentals: Building Equity and Cash FlowSingle-family rental properties offer a distinct investment approach, providing a tangible asset and potential rental income.

11 February 2016 | 141 replies
Regardless of the tax treatment, you either paid that $26K out of pocket, or you got a loan to cover it.

23 November 2017 | 18 replies
I know there are some laws around HOA lien treatment, so that's the next thing to nail down.

18 February 2017 | 12 replies
There was a decaying opossum carcass in the hall and it took three treatments by a pest company to kill all the fleas (sorry if you're eating).
8 November 2017 | 471 replies
You don't want to be labeled as such, because If you do get labeled by them as flipper or wholesaler you'd loose the Tax Favored Capital Gains rate and pay ordinary income and self employed tax and all. one of the reasons Real Estate is attractive is for its tax favorite treatments by the IRS. attached is a link to Intuit tax forum discussing this very issue. https://ttlc.intuit.com/questions/2586637-i-invest...

13 November 2016 | 32 replies
The IRS does not recognize it unless you ask them to by making an election to be an S-corp or C-corp or partnership(if more than one member).A single member LLC may file as a sole proprietorship and pay both halves of Social Security(subject to income limit of 106,800) and both halves of Medicare totaling 12.4% in addition to paying regular income tax on the earnings.If you elect to be taxed as an S-corp, you may pay yourself a salary from this business, and take in the rest of the income as "ordinary income(not subject to FICA like Self employment income is)" which means it has no "preferences(capital gain treatment".Yes if you elect to file as an S-corp, you will have to file an 1120s before your personal 1040.