Account Closed
Zillow Drops After Dire Housing Outlook - there goes the market
16 November 2022 | 55 replies
**************************************************************************It's one thing for a fringe, tinfoil, conspiracy theory website such as this one https://www.zerohedge.com/mark...to warn (repeatedly, for months) that with mortgage rates rapidly approaching 6%, the US housing market is on the verge of a vicious collapse, as discussed articles such as these:Housing Affordability Is About To Crash The Most On RecordCracks Appear In Housing Market As Sellers Begin To Lower Asking PricesBiggest Housing Affordability Shock In History IncomingWorst Ever US Home Affordability Is Just 0.5% AwayIt's another for one of the biggest housing-market linked companies to confirm just that.On Thursday, Zillow plunged as much as 13% in late trading Tuesday after a dismal outlook stoked investor fears that rising mortgage rates will spark the next crash in the US housing market.
Pranav Chunduru
What is the value of buying older houses to House Hack?
21 September 2023 | 16 replies
However, the location of some older houses can be better since a lot of newer developments tend to be on the outskirts/fringe areas.
Jon Holdman
No income but plenty of cash
2 January 2012 | 11 replies
The ones I would say are not would be expenses associated with hunting down new deals and, if you set up as a C-corp, fringe benefits like health insurance.Now, with a classical 1% rule deal, say you pay $50K for $500 in rent.
Tim Jones
Successfully Purchased 2nd House using Rent by the Room
12 March 2017 | 27 replies
Such rooming houses tend to cater to a population of professionals/labourers who have the commonality of employment.The social rooming house: These establishments provide a vital role in housing the "down and out", the mentally ill, the addicted and others on the fringes of society.
Michael Lopez
Is It Time Time To Use My Savings To Buy Real Estate?
16 March 2020 | 109 replies
I'll hopefully be closing on two new-construction rentals this spring/summer in a fringe market and when the market goes down a bit, I'll focus more on Memphis-proper for myself.
DeMarrius Payne
Buying from wholesaler
15 May 2017 | 11 replies
Unlicensed brokers, acting as fringe operators skirting the laws have nothing to lose.
Ben C.
S Corp Limitations?
26 November 2018 | 20 replies
Possible fringe benefits retirement contributions.
Derek Persuit
Many Retail Stores Closing! What Happens Next?
6 June 2017 | 38 replies
Those have retail development on fringes that should have never been built to begin with.
Greg C.
Interesting Sales Trends in Mecklenburg County, NC
26 December 2022 | 0 replies
Areas along the fringe of the county, especially towards Huntersville in the N and the SC state line in the S, have seen some significant real estate transactions take place in recent years.
Richard Chang
Tax Planning for Buying, developing and selling multiple units
12 October 2012 | 9 replies
A Tax Court trial is scheduled for November 5 in Las Vegas.The IRS contends, according to court records, that Howard Hughes improperly deferred taxes on income from sales of residential lots at Summerlin, which sprawls across 35 square miles on the western fringe of Las Vegas.The company should pay taxes as. . . . .Developers beginning new projects may need to pay taxes sooner, adding an up-front cost for the businesses, said Richard Shavell, a vice chairman at the Associated Builders and Contractors, an industry group.