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28 January 2025 | 0 replies
Inconsistent Cash FlowUnlike traditional jobs, real estate doesn’t provide steady paychecks.
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22 January 2025 | 10 replies
.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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8 February 2025 | 7 replies
An accountant is a general job title that may potentially do one of many different tasks(bookkeeping, reviewing financials, assurance, taxation, etc)Bookkeepers are specific that they will likely only do the bookkeeping.
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23 January 2025 | 11 replies
It isn't a big job but I don't want things to go south so I stay in it.Of course I practically live on this forum so I pass along any pertinent info I find as well as answer questions.
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22 January 2025 | 4 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
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29 January 2025 | 8 replies
The other nice benefit of 100% VA disability is that you pay NO PROPERTY TAX on your primary residence.
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26 January 2025 | 15 replies
The exterior and interior look nice for the price.Look up Jim Sheils.
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6 January 2025 | 7 replies
They have have done a great job outlining all the possible things that can go wrong and what can go right.
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17 January 2025 | 9 replies
If this job popped up out of the blue, your intent was not to move within the 1st year, so you may be ok.If you are planning on building a portfolio of homes, it is safest to stick in your home for 12 months to reduce the appearance of potential fraud.
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7 February 2025 | 11 replies
However my understanding is that exceptions can be made if unexpected life events happen such as job relocation, eminent domain, marriage, divorce, changes to family size, deployment, imprisonment, bankruptcy etc.