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5 April 2024 | 2 replies
And does anyone know if there's any tax we would pay, since we're selling at a loss?
5 April 2024 | 1 reply
Tax season is in full swing, and for most individual taxpayers, the looming deadline for filing and payment is Monday, April 18, 2022.
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4 April 2024 | 32 replies
@Mickey Petersen I bought this one in Mar 2020 from the local tax sale.
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4 April 2024 | 5 replies
After that, schedule conversations with several lenders, coming to the table already knowing your price ceiling.
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5 April 2024 | 9 replies
On my to do list to join myself just waiting for my schedule to lighten up to take advantage of the meet ups and education.
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9 April 2024 | 64 replies
Federal spending is really the best use of tax payer dollars.
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6 April 2024 | 22 replies
Close to CA, tech and manufacturing job growth, 4th lowest property taxes that don't reassess on the sale, and no state income tax.
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5 April 2024 | 1 reply
I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1648 + Insurance $1634 = Total: $3282New Escrow for 2024Taxes $2331 + Insurance $1918 = NEW TOTAL: $4250- With increased tax and insurance I owe $968 more on escrow.- $968 difference paid out over 12 months would be $80.60 per month MORE.The mortgage company is claiming that I owe $3,000 MORE in escrow and is charging me an additional $250 per month.I checked with them and I've NEVER missed a payment and have been up to date this whole time.They say its not a mistake but couldn't explain why I owed $3000 more instead of $968 more for the year.Am I missing something?
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5 April 2024 | 9 replies
If you have nothing helpful to add, please avoid posting.What I am asking is if paying myself payroll and also taking profit distributions that are not subject to self-employment tax still applies if I am paying myself out of the Disregarded LLC and not the S-Corp directly.
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4 April 2024 | 14 replies
I am currently scheduled to have the home appraised in its current condition for this Thursday.