Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
15 July 2018 | 8 replies
For example, I (as a dingle filer) have 30K of ordinary income and pay tax @ 12% on 18K of AGI income after standard deduction.
Wes Burk
Why should a seller short sale?
8 March 2010 | 29 replies
Until recently, if the value of a borrowers house declined and their bank/lender forgave a portion of their mortgage (via a short sale or deed in lieu), the tax code treated that amount forgiven as ordinary taxable income.
Katie Douglas
Frustrated with Bigger Pocket Posts
29 November 2015 | 109 replies
People you hear about in the success stories here are prime examples of ordinary people who have been faced with similar challanges, and who have taken a different road to achieve a better life for themselves.
Kim Handelman
Mailings
9 June 2016 | 4 replies
It's a little less predictable than first class but as long as you get your mailings out three weeks before you want them to hit, that should be fine.Add yourself to your mailing lists so you know when you get the piece that they've hit the mailboxes.An actual postage stamp will help the piece appear a little less like ordinary junk mail and will get better response, but you may be able to make up for that by sending out more pieces at a cheaper rate.
Monica Burt
How did you incorporate? C-Corp, S-Corp, LLC??
23 June 2015 | 53 replies
I established an LLC for ordinary income, and I have my wife as my partner.
Justin Morgan
Price Per Mail Piece - Direct Mail
24 February 2014 | 24 replies
A few weeks ago the masons were there laying the rock/brick veneerThen last week the concrete guys showed up to pour the driveways and patio...About 15 years ago I sold one of my businesses.
Brian Feltz
What Motivational Quote(s) keep you going?
13 June 2013 | 60 replies
"The difference between ordinary and extraordinary is that little extra."
Account Closed
Rehabbing Your First House
18 April 2012 | 60 replies
I would really like to add a deck or patio in the back.
Jamie McCauley
Just finished my first flip! $30k profit!
21 January 2020 | 144 replies
Your income from a flip is NOT capital gains, it ordinary income and it is taxed at your marginal tax rate.
Jenna Barnes
I am starting in property management and I’d love some advice
3 April 2021 | 14 replies
MAINTENANCE: Notwithstanding the provisions between Effective Date and Closing Date, all personal property on the premises and real property, including lawn, shrubbery and pool, if any, shall be maintained by Seller in the condition they existed as of Effective Date, ordinary wear and tear excepted, and Buyer or Buyer's designee will be permitted access for inspection prior to Closing in order to confirm compliance with this standard.