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17 February 2014 | 30 replies
It didn't have a business name on the letter or a logo or anything to indicate that we were anything but a couple of ordinary people looking to help out our family with some real estate deals.
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5 December 2017 | 3 replies
@Arthur Voskanyan Airbnb Income can either be taxed as passive income from rental activities or ordinary income that is also subject to self-employment tax.Factors such as the type of services you provide the tenant and the length of stay are factors that will determine how it is taxed.Shorter stay and more services provide suggestion that is should be taxed as ordinary income.
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7 November 2022 | 32 replies
Remember COVID.Sale:1- Hold for a year, so you pay Capital Gains and not Ordinary Income.
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9 March 2017 | 10 replies
You are better doing one thing very well than being ordinary in many areas.
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13 September 2017 | 69 replies
If you think your property tax is rough trying seeing your marginal income (like rental cash-flow taxed at ordinary income rates) taxed at 10% to 13%.I'm not saying I'm in favor of massive property taxes, I'm not.
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18 February 2010 | 13 replies
Is there anything out of the ordinary about the floor plan?
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4 February 2015 | 1 reply
A short sale typically requires documentation from the borrower he may not be willing to provide.If you want to send me the address I can look up the lender and see if it's anything out of the ordinary.
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5 July 2023 | 125 replies
Quick disclosure: I'm just an ordinary person and if you notice, I'm not recommending Phill, or anyone else for that matter although I'm considering two other mentors.
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14 October 2019 | 26 replies
But the minute you have more than 1 investor in those 2 scenarios, you now have fractionalized it and it becomes an investment contract and you are back within the definition of a security which is quite broad under the SEC definition.Judicial Exceptions include:A note delivered in consumer financing; orA note secured by a mortgage on a home; orAny short-term note secured via a lien or assets of a small business; orAny note evidencing a “character” loan to a bank customer; orShort-term notes secured via assignments to accounts receivable; orAny note which formalizes an open account debt incurred in the ordinary course of business, especially when collateral is involved.
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9 September 2016 | 4 replies
If you have a net loss on your residential rental activity and actively participate in the rental management, then you can use up to $25K per year in net rental losses to offset your other ordinary income (that is income from your W2 job) provided your total household income is less than $150K per year.