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24 December 2024 | 25 replies
“Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” - Milton FriedmanAgreed Russel.
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29 December 2024 | 14 replies
.- Check with your insurance agent ASAP.You'll need to file a claim and get a claim number.Try to get an insurance adjustor in ASAP, so you can start pumping water out, removing all water damaged drywall and get dehumidifiers in. - Note: the insurance company's adjustor will try to minimize your claim amount.
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23 December 2024 | 3 replies
When selling a primary residence you have lived in 2 of the previous 5 years you get a tax exception on profits of $250k for a single person and $500k for a married couple filing jointly.
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21 January 2025 | 74 replies
They explicitly state in the course that they will keep that contract on file and if any of your clients tries to come to them directly within the timeframe that you set, they will send them back to you.I will repeat once more, I am not affiliated with this course or it's participants at all.
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21 December 2024 | 7 replies
One idea is to proceed with the 1031x, save on the capital gains, parlay your proceeds into income-producing properties, and capitalize on the low-interest rate offered by these operators.
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21 December 2024 | 14 replies
What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?
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19 January 2025 | 46 replies
We filed for an ITIN (Individual Taxpayer Identification Number), what I believe is similar to the Netherlands BSN and Espana's NIE.
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25 December 2024 | 28 replies
They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit.
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19 December 2024 | 25 replies
The syndications might be invested in multiple states which will require multiple state return filings which add to costs.Are you getting any consulting throughout the year?
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17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.