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5 February 2025 | 2 replies
For reasons I don't yet understand, if the property is sold I cannot take advantage of a 1031 Exchange and my gains will be taxed as income, which will be 35% federal and 11.3% CA income tax.
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26 January 2025 | 2 replies
I didn’t see your location in your profile or your post, but assume at least 17% state/federal taxes leaves you with $10k/yr.
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16 January 2025 | 11 replies
We have AI that can answer specific questions why not a easy integration to remit and pay taxes directly?
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24 January 2025 | 4 replies
Real estate is so localized that most federal based policy changes don't have massive influence.I can see him (semi-)privatizing Freddie/Fannie.
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23 January 2025 | 165 replies
He said the federal government would pay fire fighting costs.i think the state and local governments should use eminent domain and take the land, rezone it for condos and multi-family, install mass transit and better transportation systems and turn difficult to defend areas into parks.
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28 January 2025 | 1 reply
Reduce the federal budget deficit to 3% of GDP, achieve real GDP growth of 3%, and increase U.S. oil production by 3 million barrels a day by 2028.For real estate investors, these plans could mean major changes—and opportunities.
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29 January 2025 | 4 replies
I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC).
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27 January 2025 | 8 replies
I don’t know when an LLC starts to pay off if you don’t have any partners.
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15 January 2025 | 34 replies
Last time I checked only people who have lost a home are those who do not pay.