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29 November 2019 | 6 replies
I use American Modern Insurance Group, it’s easy to set up a policy with them over the phone that provides coverage on an empty building.
1 December 2019 | 11 replies
This is the exact definition of when a "flip" isn't one and should be taxed as capital gains, not ordinary income.
30 November 2019 | 16 replies
Cash flowing rentals are as close to a tax free investment as you’ll ever find I understand using IRA money to invest in lending because it is taxed at ordinary income rates.I also understand wholesaling using an IRA But not holding rentalsYou also give up most of the advantages of leverage if you hold rentals in an IRA
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9 December 2019 | 8 replies
Glad to hear it isn't totally out of the ordinary.
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15 February 2020 | 60 replies
Don't live beyond your means like the 78 percent of Americans that live paycheck to paycheck.
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17 December 2019 | 14 replies
Many American investors have had email contact with counteless foreign investors via email but at some point of time these email led to nothing.
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3 December 2019 | 5 replies
Data sources such as the American Community Survey, also known as the annual Census, can help you judge a location by considering key market indicators, which I list below.
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2 December 2019 | 11 replies
A Service Animal is protected by the American Disabilities Act and must be allowed, while an ESA is not protected by the ADA and landlords are only required to provide “reasonable accommodation” for them that does not cause the landlord undo hardship or expense.
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6 December 2019 | 15 replies
With tenants currently residing in this property, I am going under the assumption that major repairs wouldn’t be immediately for each unit, but that is up in the air until I do a walk through.Is it out of the ordinary to request information with regards to tenants this early in the process?
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6 December 2019 | 17 replies
Self-employment income from flipping will be taxed at the ordinary Federal rate plus the state rate plus the 15.3% FICA rate generally.