28 August 2019 | 9 replies
Enter it into turbo tax or equivalent and it will take care of it for you, and every year thereafter.
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4 April 2019 | 27 replies
Description of error:If Form 1040, 'PrimaryClaimAsDependentInd' is not checked, then the Primary SSN must not be the same as a Dependent SSN on another return.What needs to be done:This return was rejected by the IRS, because an exemption has been claimed for the taxpayer, but the taxpayer's SSN has already been entered as a dependent on another return.
6 April 2019 | 13 replies
If just Assigning then is the wholesalers name even entered anywhere?
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4 April 2019 | 2 replies
Although you have no legal obligation to tell them, most states require some kind of notice before entering the property to show it to prospective buyers.
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5 April 2019 | 6 replies
The landlord/owner will then give the tenant 24-48 hours notice (depending on the state laws) that he will enter the property for an inspection.
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5 April 2019 | 1 reply
When I hit my 60s is when I will likely enter phase two of retirement, which is more “traditional” in nature, where those retirement accounts that have now been able to compound for decades will slowly be tapped.
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8 April 2019 | 7 replies
I wouldn't sign any lease that puts the first $X of any repair on my, or requires me to pay for any repair under $X.Both of these clauses signals to me that the landlord doesn't care about the property and has no interest in keeping it up.This is a personal opinion, plenty of investors here have these clauses, I just don't like them and would never agree to them.I'd also ask how much notice they give before entering the property, do they rent to felons, what sort of background check do they perform?
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10 April 2019 | 6 replies
Last week while looking through listings I realized that the market was hot with entering into spring and I now plan on flipping the property and putting in more work to do a new kitchen.
8 April 2019 | 3 replies
I'm Still very new to Real estate, but from my research and the suggestions of mare experienced investors, I have come to the conclusion that wholesaling is the best way for new investors to enter the space.
5 April 2019 | 2 replies
When I completed schedule E and wanted to enter the profit I received from the rental houses on form 1040, the 2018 instructions say put it on line 17, which is totally wrong on the new 2018 1040.