30 August 2024 | 30 replies
He thinks that if we sold a property even if we had to pay top capital gains state and federal that it would be worth it as it would double our income due to improved cash flow rather than the majority of our loan payment going towards interest.
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29 August 2024 | 13 replies
You'll have to pay taxes plus a 10% federal penalty and sometimes a state penalty, depending on the state.
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29 August 2024 | 8 replies
It's federal law so yes you need to file the info.
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27 August 2024 | 18 replies
After that’s opened, then you can usually open the accounts for the Cells using a combination of the Series LLC’s incorporation number and the individual Cell’s Federal Tax Identification Number.
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29 August 2024 | 5 replies
And not even a capital gains cut, a full regular income federal and state income tax cut.)Good luck.
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30 August 2024 | 29 replies
for Zero Risk to capital, move cash to your brokerage and buy USFR, paying 5.4%, must pay federal tax but no state taxes, it holds short term US treasury floating rate notes, no FDIC needed as FED can print more money to pay you offfor Mild Risk to capital, buy BKN, BlackRock municipal bond fund with 20% leverage, pays 5.5% tax free, and if 10 year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 15%for Mild to Moderate Risk to capital, buy EDV, Vanguard 30year zero coupon US treasuries, pays about 4%, taxable and if 30year bond yield falls 2% over next year, likely with rate cuts coming, then this will appreciate by about 60%Don't put into stocks if you need the cash in <3 to 5 years due to stock volatility
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27 August 2024 | 0 replies
Councilman Eric Arias highlighted the substantial state and federal grants to improve infrastructure.However, residents voiced concerns about persistent problems such as a nearby wastewater plant's odor, inadequate lighting, and speeding trucks.
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31 August 2024 | 36 replies
@John Larson I wonder if it is worth calling the state or federal Securities and Exchange commissions.
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27 August 2024 | 2 replies
You can count up to 75% of the rental income from each unit BUT you have to pass the FHA self sufficiency test.The FHA (Federal Housing Administration) Self-Sufficiency Test is a guideline used for evaluating the eligibility of borrowers looking to purchase multi-unit properties (specifically, 3- or 4-unit properties) with an FHA loan.
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26 August 2024 | 11 replies
We also charge an underwriting fee which includes reviewing the entire file, cost for appraisals and credit checks etcYou also can thank your state or federal government for creating additional layers such as licensing for business loans which to me is stupid.