Sandra Feurtado
Out of State Investing
14 October 2024 | 19 replies
However, most non-government jobs are temporary.
Alton Swann
What’s the best way to structure initial debt?
15 October 2024 | 4 replies
It’s just 7 miles from the beach, 2 miles from a large new hospital and medical campus, and within 2 miles of the county government offices.
Don Konipol
How Heavy Is Your Wealth Tilted Toward Real Estate?
17 October 2024 | 12 replies
I just can’t see handing the government 30-40% of that 70% in taxes owed.
Hai Le
Section 8 Property Purchase Opinion
15 October 2024 | 6 replies
What credit score do you think tenants qualifying for government assistance will have?
Anne Christensen
Best Down Payment Option
15 October 2024 | 16 replies
In my research, default rates are pretty high amongst 401ks loans. 5) If you leave your employer and want to rollover your remaining balance to an IRA to be able to invest in real estate, known as a self-directed IRA, you have to either A) Payoff the loan first, or B) When you rollover funds, the loan balance will be immediately distributed to you, thus taxes and penalties, and you forfeit all that tax-advantaged money back in the account. 6) 401ks are generally covered under federal ERISA rules, which affords you additional creditor protections, from outside of the 401k judgments.
William C.
Cost seg depreciation recapture model
13 October 2024 | 11 replies
The cost segregation study generated $80k in passive losses, meaning a portion of that would be recaptured as ordinary income (at a 25% federal rate).
Mason Field
Real Estate Investing in Northern VA
9 October 2024 | 3 replies
You could consider house hacking to reduce out of pocket expenses.It’s definitely an appreciation play not a cash flow play but with the federal government here appreciation is consistent - you won’t get super high appreciation like some places but also don’t get high depreciation as well.
Felicia West
Help with understanding appreciate
18 October 2024 | 16 replies
The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.
Megan Paquet Nelson
Hurricane/Flood and loss of Business Income
14 October 2024 | 16 replies
It might also be worth looking into any federal or state disaster relief programs that could provide assistance, especially if the storms have been declared federal disasters.Hang in there, and I hope you find a solution soon!
Dan K.
True Story: For immigrants, Real Estate is the best way to reach the American dream
15 October 2024 | 8 replies
They never took foodstamps or government aid.