
14 September 2023 | 17 replies
The deed would have been put into your name from the very start (assuming this is an ordinary transaction, not a "contract for deed".)

8 September 2023 | 1 reply
Often the contracts sent to title companies are bare boned when subject to financing, owner financing, or anything out of the ordinary is included.
14 August 2017 | 6 replies
If your rental property generates a negative cash flow, then every dollar you lose on the investment each year (up to $25K annually) could potentially save you 25¢ in taxes on your other ordinary income -- up to a point.

10 August 2020 | 7 replies
@Jordan BurnettLP syndication investments will include long term capital gains and ordinary income and each of these will be taxed at different rates.

22 December 2016 | 6 replies
@John Thedford (I am not sure if I can tag if we are not connected) I have a property manager (also a real estate agent) and when I asked her about doing this type of appraisal, she responded as though I was asking for something totally out of the ordinary and said they don't do that type of service.
28 March 2021 | 43 replies
@John Teachout When you're paid in Bitcoin for any goods or services provided then you'll owe ordinary income taxes, just as if you were paid in currency

24 August 2023 | 8 replies
If you're on the debt side is it taxed as ordinary income?

25 August 2023 | 8 replies
Especially if you have an existing mortgage on itRemember Rental income allows you to continue to depreciate the home while interest income is ordinary income and you know longer get those tax benefits.Only reason to seller finance is if you have a turd you cannot sell and by offering seller financing someone over anxious buys it thinking they can polish the turd.

15 March 2021 | 133 replies
STRs are as well, but more of a hospitality job that earns ordinary income vs passive.

26 August 2023 | 6 replies
So, it really should be taxed as ordinary income subject to self-employment taxes.