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11 July 2023 | 2 replies
The 3rd if you STR each of them you should have accumulated enough cash flow in 12 months to put 15% down on the 3rd as an investment.
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26 August 2014 | 16 replies
I have started to accumulate some discretionary cash from my job, and I would like to learn about real estate as a potential investment.
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15 August 2017 | 17 replies
By sending that Notice to Quit I have protected myself, plus if rent isn't received in my office on or before the 5th then I've accumulated more money, a late fee of $25.00, yet the Eviction process is still going on.
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5 September 2014 | 245 replies
RE is your business model that produces personal income, investing your personal income is where wealth is accumulated.
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17 October 2023 | 1 reply
Hello All, I am a recent college graduate and went through college without accumulating any debt.
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4 August 2021 | 109 replies
The achievement certificate were never something I wanted to earn so that I could accumulate material items.If fact, accumulating material items is the last thing my wife and I do since we live in an office building with concrete floor.
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30 May 2023 | 10 replies
For instance, many people are mislead into “wholesaling real estate” because they believe (1) they could accumulate capital for future investment and (2) they will accumulate “knowledge” while they “earn”.
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8 November 2023 | 18 replies
Now I am ready to take my savings and start accumulating assets.
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3 October 2023 | 5 replies
my accoutant said it might apply to me and it will be 15%, but from the IRS video, it says 10% (https://www.irsvideos.gov/Individual/education/FIRPTA#:~:text=FIRPTA%20is%20a%20tax%20law,is%20normally%20the%20purchase%20price.)Note that I have been filing my US Tax Return via my accoutant yearly, although I haven't been paying any extra tax yet, i guess because the accumulated loss has been more than the income.If FIRPTA does apply to me, is it possible to play around with the number, say instead of selling the property for 325k, I sell it for 299.5K, but get the buyer to pay the comission to the agent and other fees like closing cost etc?
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3 October 2023 | 6 replies
The original contribution plus accumulated earnings are taxed in full.