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4 March 2020 | 3 replies
The gains are tax-sheltered inside the IRA.If leverage such as a mortgage is used, then the IRA will be creating Unrelated Debt-Financed Income (UDFI) and will have a tax filing obligation.If the IRA is receiving income derived from an active trade or business as opposed to passive rents, that income could be deemed Unrelated Business Taxable Income (UBTI) and will require a tax filing.
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4 March 2020 | 1 reply
From an investment standpoint, I view the share price, like any other publicly traded equity, as mostly influenced by investor sentiment.
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3 March 2020 | 0 replies
What was the outcome?
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4 March 2020 | 1 reply
Painted exterior and interior, new flooring, new kitchen countertops, stainless steel appliances, new bathtub and surround, new light fixtures, and repairs as needed.What was the outcome?
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4 March 2020 | 6 replies
I am a licensed carpenter by trade so I have been renovating and upgrading as i go...the issue is that there are some problems with the main drainage line, old electrical, as well as a very old roof.I am looking to get another property but seem to be stuck.
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5 March 2020 | 6 replies
This makes perfect sense and is right up my alley since I am a software product manager by trade and am constantly testing ideas before committing them to a roadmap.
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4 March 2020 | 3 replies
A tenant might have a different outcome but that would depend on the foreclosing entity and any legal documents that may survive the foreclosure.
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4 March 2020 | 5 replies
But it is a trade off, driving for dollars takes a lot of time and effort to get a lot of no's.
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17 March 2020 | 11 replies
That is rarely a good outcome!