
16 October 2019 | 77 replies
@Jamia Stevens What you have just layed out here is the story across many American households, so most just throw their hands up and RENT FOREVER (nothing wrong with that).

12 October 2019 | 24 replies
A flip means you pay taxes on the flip as ordinary income.

11 October 2019 | 4 replies
@Marlon Edwards I use American General Services Corporation, they are investor friendly

22 October 2020 | 2 replies
There are also other large companies like them, progress homes, American homes and others.
16 October 2019 | 9 replies
Over 95% of Americans own a cell phone.

3 November 2019 | 2 replies
Sam, The standard residential lease for NC states the following,"If the Tenant fails to sweep out and clean the Premises, appliances and fixtures as herein provided, Tenant shall become liable, without notice or demand, to the Landlord for the actual costs of cleaning (over and above ordinary wear and tear), which may be deducted from the Security Deposit"So far, we have not added anything else regarding post occupancy cleaning paid for by tenants.
16 October 2019 | 10 replies
Just to be clear, flipping profits is NOT long term capital gains, it is taxed as ordinary income at your marginal tax rate and if your “intent” was to flip from the start, then the IRS could easily charge you ordinary income tax rates even if you held for over 1 year.

14 October 2019 | 19 replies
i dont like much of the American Southwest either.

16 October 2019 | 8 replies
Here's the position according to First American Exchange Company: "Although it is possible to refinance before or after an exchange without triggering tax, investors should carefully consider their options before doing this, because the IRS could take the position that the refinancing is taxable when it is done to avoid tax rather than for a separate business purpose.
14 October 2019 | 2 replies
American Real PM3.