Doug Webb
Anyone here hold apartment building in personal name?
26 July 2024 | 23 replies
A single member LLC may elect to be treated as a disregarded entity on the member's federal income tax return and report income and deductions on Schedule E of the 1040 rather than filing a return separately for the company.
Rich Dowdall
It's not what you make it's what you NET
24 July 2024 | 2 replies
Great post.I have not paid federal taxes in 3 years, legally.
Hardy Davis
401(k) loan for down payment?
22 July 2024 | 3 replies
I would take out the 401K loan towards the downpayment.If you sell stock, you have to pay taxes - You mentioned the 15% federal capital gains tax rate(if you are not in the top bracket, otherwise its 20%).You may also be subject to the 3.8 Net Investment Income Tax.
Thomas T.
1031 into Florida advice needed
26 July 2024 | 11 replies
Tampa Bay has a great mix of federal and private investment.
Jay Hinrichs
national rent control
22 July 2024 | 120 replies
Federal law is there but the law that rules between state and federal is the more restrictive of the two..
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
27 July 2024 | 108 replies
My partners and I have contracts on 3 commercial buildings TODAY - All NNN, Long-term Leases, with aggressive CAP Rates, which perfectly fit our "Energized Real Estate" model that forces 5 - 6 additional revenue streams, above and beyond the lease income, using Federal, State, and Utility Incentives (Plus Grants).You have to think Bigger Pockets and Out-of-the-Box......
Scott Trench
Investing in Blue States > Investing in Red States
25 July 2024 | 62 replies
Do you realize that nearly a third of California's operating budget depends on federal funds?
Tricia O'Brien
Fire Insurance Non-Renewed (Safeco) in CA- any chance to fight with change of broker?
20 July 2024 | 0 replies
Does anyone know if the 90 day notice requirement is a California law or federal law?
Luis Arguello
Strategies to reduce taxable income while deploying capital to build wealth?
21 July 2024 | 10 replies
Please also remember that not all states conform to federal law.
Jeff Chisum
Second Home Transferring Title to an LLC
19 July 2024 | 4 replies
When using the Fannie/Freddie/Federal Home Loan Bank second home occupancy loan and you transfer title within the first year to an LLC that the borrower is majority owner of it will not trigger the due on sale clause as long as you can attest that it will continue to be a second home.