Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
10 April 2020 | 7 replies
Under IRS Notice 2020-23, generally any return (along with payment) that ordinarily is due within the window mentioned above, the new due date is now July 15th, 2020.
Nick Weston
Investing before a Downturn
7 January 2020 | 6 replies
@Nick Weston - A house hack may be a good play as housing is ordinarily a fixed expense with the IRS giving favorable treatment to the gain on the sale of one's principal residence, exempting that amount up to $250k if you are single and $500k if married provided you have owned the property for 2 years at the time of sale.
Raj Singh
Tenant interview - is this reasonable to request for S&P
14 January 2020 | 13 replies
Almost made to feel this was an odd request and "Ordinarily, in all commercial leases, theres is a provision with respect to a renewal option that the tenant must exercise with in a stipulated period prior to the expiry of the lease.
David T.
Is there anything positive Flippers will say about HOAs?
29 November 2013 | 10 replies
I'm not a fan of HOAs, the fees can be onerous.But I have benefited by getting a new roof, new siding, and a new parking lot from the HOA fees that I paid.And besides those extraordinary items they also provided grass cutting, snow removal, heat, hot water, sewer, trash removal, insurance and outside maintenance.And besides those normal fees that I would have had to provide they also provided some items that I would not ordinarily provide like swimming pools (hate the maintenance and the liability), tennis courts and club house.
Christopher Gilbert
How do you handle depreciation in a self-directed IRA?
15 August 2015 | 13 replies
While the capital gain would ordinarily be taxed at a lower rate than your ordinary income (perhaps even 0% for some portion), that rate advantage disappears when the Traditional IRA owns the property.
THANG BUI
tax deduct firearms and personal protection
4 September 2014 | 3 replies
Is it something ordinarily done for landlords with war zone properties?
Matthew Sutton
Buying rentals with IRA
21 February 2017 | 11 replies
If you are eligible for a 401k, you may be able to avoid unrelated debt financed income tax that would ordinarily be assessed on IRA transactions using leverage.
Matthew Hamilton
Leave Law Enforcement to become an agent?
5 March 2021 | 37 replies
@Matthew Hamilton ordinarily, I would say that househacking a duplex or triplex would be a great way to get started in RE investing.
Edward Stephens
HELP! How to keep a primary residence as a rental??
26 January 2017 | 2 replies
Ordinarily they would just sell the home and pay the mortgage off at closing, but they would like to keep the home as an investment property.
Joshua Greenberg
Damage to tenant vehicle
21 March 2017 | 8 replies
The tenant also does not have car insurance (which is illegal and a misdemeanor in my state) which would ordinarily cover this.