Account Closed
Why Now Is The Perfect Time To Do A 1031 Exchange
31 January 2007 | 0 replies
Ordinarily, when an investor sells appreciated assets such as stocks, bonds, or real estate, he or she is faced with Federal Income Taxes on these gains, at the flat tax rate of fifteen percent (15%), in addition to State Income Taxes on the gain that vary from zero to 9%, for an overall tax rate between 15-24%.
TJ Walker
How to rationally select a long-distance market for investing?
10 January 2018 | 70 replies
These will ordinarily be in smaller markets but not necessarily far away from large metros.
Mark B.
Visible vs Non Visible Tattoos on Tenant Applicants
14 June 2021 | 87 replies
He always puts his family and his troops first, and has led me and others on numerous deployments.
Bernard Sanga
Collecting rents from a tenant without bank account
14 May 2020 | 43 replies
They can use their cash to purchase a money order and deliver that to you in whatever manner you ordinarily receive non-electronic rental payments, like a dropbox or by mail.
Chris Presnell
How to Deed a Property to Satisfy Bank and LLC??
23 September 2019 | 5 replies
Ordinarily, you would have to file a separate return for your business (or businesses).
Jon Klaus
What would you do with $50K in a SD-IRA?
23 May 2016 | 107 replies
Review Page 3 of IRS Publication 598, which states: “Business activities of an exempt organization ordinarily are considered regularly carried on if they show a frequency and continuity, and are pursued in a manner similar to comparable commercial activities of nonexempt organizations.†An example is given in the publication.
Craig C.
Dryer Vent replacement
22 May 2015 | 4 replies
I've never seen a vent coming out of a soffit, possibly because hot, moist exhaust is not ordinarily vented downward, as would be the case when exiting the attic at a soffit.
Ray Keziah
Sub2 Question
1 February 2010 | 26 replies
They know the closing costs could cost them 2 or 3% of the price ordinarily.
Emilio Ramirez
Pay Cash, Lose Your Tax Deduction?
17 October 2009 | 3 replies
If none of the above applies, and the mortgage interest would not ordinarily be deductible (example, you use the loan proceeds for a personal expense such as paying off credit cards, or buying a new car), then you default to the HELOC exception which allows the interest paid on the first $100K of HELOC debt on your primary residence to be deducted as a home mortgage interest deduction on your Schedule A.
Jared Beck
Suing to Close and Specific Performance
5 March 2008 | 0 replies
And this reasoning would hold true even in circumstances where the contract left open, or explicitly provided for, the remedy of specific performance.Under the foregoing principles of Florida law, an attempt by a developer to sue a purchaser in an effort to obtain remedies beyond the contract's liquidated damages provision will ordinarily be on shaky ground, especially if the developer is seeking specific performance.