Sophia Wang
Please share your opinion on this deal.
15 June 2012 | 12 replies
But as you and many others said, this is just an ordinary buy, nothing to get excited.
Fermin G.
S Corp Employed and Obtaining Mortagegs
8 June 2021 | 13 replies
Can anyone clarify... for your S-Corp's K1, do you retain your profit as ordinary income (Box 1) or distribute everything to yourself (I believe Box 12)?
Jeremy Hawkinson
What benefits are there for Seller on seller financing?
5 May 2020 | 15 replies
@David M.Yes depreciation recaptured gain on Section 1250 is limited to depreciation above the MCRS straight line method and is taxed as ordinary income.
Jonathan Vona
Property/Deal Analysis in California...Please Help!
10 January 2017 | 3 replies
In NZ is Good and Service Tax (GST) at 15%. in the US you can take in account the tax you will need to pay as ordinary income?
Alex Babayev
$27K Flip Profit + Deal Analysis (Would you take smaller profit?)
4 September 2017 | 9 replies
We added a patio slider door and created a deck, we put the water heater in the attic to maximize square footage of the house.
Zaid Badabwan
Flippers salary or profit?
21 July 2018 | 2 replies
There is no capital gains tax here....it is all ordinary income tax, plus ss/med.
George Crawford
What's the best way to reinvest my 300,000 profit from my flip?
19 September 2018 | 20 replies
IRS considers buying with the primary intent of resale is just inventory and is therefore taxed as ordinary income.
Daniel H.
Cash back at closing
27 October 2013 | 15 replies
Assuming this is an ordinary residential loan, this is loan fraud, pure and simple.
Sagnik Lahiri
Deal or no deal?
7 July 2010 | 7 replies
Assuming your numbers are correct, and assuming there are no out-of-the-ordinary circumstances (like exorbitant property taxes), it sounds like a fantastic deal...
Shoor Kalam
Backed out of a deal because something smelled fishy...
24 November 2013 | 19 replies
Nothing out of the ordinary I thought, and I went to my lender to start getting everything in order.That's when it started getting weird.