21 October 2024 | 5 replies
I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investment and n’ont taxable?
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22 October 2024 | 8 replies
And year 2 through 5 now lose $200 of depreciation expense causing taxable income to go up for each of those years.
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22 October 2024 | 3 replies
no bank will let an account be opened without both partners there. its a federal requirement (AML/KYC - BSA act).
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24 October 2024 | 15 replies
Even if you do not need a state license, you are making a consumer loan and have to follow numerous federal statutes including CFPB etc.
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22 October 2024 | 1 reply
The project seeks zoning approval to build over 59 million square feet of space dedicated to quantum research, offices, and cryogenic facilities.This ambitious project dubbed the Illinois Quantum and Microelectronics Park, is backed by both state and federal agencies.
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21 October 2024 | 1 reply
SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.
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22 October 2024 | 8 replies
My understanding is that there is no federal housing law in place that speaks to this, unless I get an FHA loan potentially.
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21 October 2024 | 10 replies
If rent growth fails to outpace inflation, you have to get a job to supplement your diminishing rental income.Las Vegas Metro AreaBelow is a map showing the Las Vegas metro situation.Las Vegas is a small island of private land surrounded by a vast expanse of federal land.
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27 October 2024 | 24 replies
Just another fraud like a certain federal inmate that made a lot of news fleecing investors...
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18 October 2024 | 16 replies
For example, if your rental generates $25,000 in income and you have $10,000 in depreciation, it can reduce your taxable rental income to $15,000.Happy to discuss this further.