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29 November 2024 | 9 replies
You can transfer cash and assets from one IRA to another IRA anytime, this is a non-taxable event.
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6 December 2024 | 4 replies
He studies markets and publishes regular updates on which markets are the best for your goals.Use the search bar.
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6 December 2024 | 4 replies
Base an NC tenancy law, after 14 days they are considered a regular tenant.
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17 December 2024 | 42 replies
The process is still much the same as getting any other kind of financing on a regular home or foreclosure.
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4 December 2024 | 6 replies
You all need to go get regular jobs.
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5 December 2024 | 4 replies
They sound like regular conversations where the RE professional/investor is genuinely interested in discovering the seller's pain points to help find a solution.All the best!
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30 December 2024 | 103 replies
He leads his first rehab effort (which was also trying as he gets away with stuff that I would not tolerate from a regular protege).
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26 November 2024 | 3 replies
This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.
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5 December 2024 | 13 replies
If you move into a property acquired through a 1031 exchange and make it your primary residence, you may qualify for the capital gains exclusion under Section 121 (up to $250K single/$500K married) if you live in the property for at least two of the last five years before selling.However, gains attributable to the time it was a rental property remain taxable (non-qualified use), and depreciation claimed during the rental period must be recaptured at a 25% tax rate.
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12 December 2024 | 12 replies
I had a conversation with a Probate/Estate lawyer and he suggested the following but what he said doesn't quite add up to what I have read so I want to see if I am just not understanding or if I am getting bad gouge.Advice was to create WY LLC that owns all properties, that is then "owned" by a land trust for additional anonymity, that the beneficiary is a regular Trust that owns everything else in my name.