15 August 2018 | 6 replies
It depends on if IRS considers you an investor or trader. they look at different factors, I pulled court cases where they looked at these:(1) the taxpayer's investment intent; (2) the nature of the income to be derived from the activity; and (3) the frequency, extent, and regularity of the taxpayer's securities transactions (Kay; Mayer; and Moller) A taxpayer is a securities trader only when both of the following are true: (1) the taxpayer's trading activity is substantial; and (2) the taxpayer seeks to profit from short-term swings in the daily market movement, rather than to profit from the long-term holding of investments.

10 November 2018 | 5 replies
We have regular meetups through meetup.com.

16 August 2018 | 18 replies
No social security tax, no Federal income tax or state income tax.

16 August 2018 | 8 replies
I deal with tree issues pretty regularly as a surveyor.

15 August 2018 | 2 replies
Total cost for entire duplex (both sides):Normal regular install with carpet in the Bedroom: $11,768.38Everything with Planking except stairs: $17,185.78 or $5,417.40 extraEverything including stairs: $19,039.02 or $7,270.64 extraThe carpet installation for both sides is $2,632.48 for the Normal install.For a long term buy and hold I am still leaning towards the planking of everything.

2 November 2018 | 7 replies
Or sell the pretty pictures in the brochures -- not sure how he's doing it, but he's showing those new houses on his FB page on a pretty regular basis.I was also surprised to learn from some BP friends over in Beaumont that they are getting higher returns on their rentals than we are.

29 August 2018 | 5 replies
It takes a dedicated team (6 in our case) to meet regularly.

14 August 2018 | 13 replies
We've let tenants paint before, letting them know we would use their security deposit to repaint the property to the original color at the end of their tenancy.

14 August 2018 | 2 replies
Given this much notice, the tenants would have to leave by 9/1.At closing we found out that these are brand new tenants, they had just moved in, and that there is no lease and no security deposit.