6 April 2024 | 12 replies
What I've seen from watching videos is that the tax court will not believe someone is working 4160 hours.

8 April 2024 | 37 replies
Your Net Worth ROI calculation takes into account the appreciation, loan paydown, tax benefits, and the rent avoidance (the difference in what you pay towards your mortgage compared to your rental situation).

7 April 2024 | 2 replies
That triggered us having to pay transfer taxes, as the state treats an LLC as a disregarded entity, even if it contains the same members.Most of our clients invest using an LLC as their preferred corporate structure.

7 April 2024 | 12 replies
Property taxes in Madison city properties are also now ridiculous compared to 5 years ago, and greatly affecting cash flow potential (or lack there of).

7 April 2024 | 12 replies
this is the most transparent scammer outthere, i am actually very worried about OP if they can't detect this easily, he is selling mortgage, oil, insulin and tax services in one hospital out of ohio somewhere...come on...

6 April 2024 | 7 replies
- property tax: is it generally around 2.29%?

4 April 2024 | 1 reply
It's a strategy allowing you to defer capital gains tax when you sell a property and reinvest the proceeds into another 'like-kind' property.

4 April 2024 | 1 reply
Say you bought it for $200,000 and sold it for $250,000 and they put $50,000 down.Your basis is now $150,000 and the principal payments that come in from the borrower will continue to lower your basis and the interest payment is taxed at ordinary income rates.

8 April 2024 | 23 replies
Even with $0 down I may be able to cover the mortgage with BAH from the military but then I'm concerned about all the other costs (CAPEX, PM costs, regular maintenance, taxes, etc.).

6 April 2024 | 19 replies
Tenant could not pay taxes and had to give him a break on rent.