5 April 2024 | 8 replies
To answer your second point in one, passive losses from your 1st property will offset income from your 2nd property if it begins generating income.
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6 April 2024 | 45 replies
I now have 2000 units and a team that allows me to focus on just the parts I enjoy (mostly the deal making)I don't see anything I could have ever done that would bring me as much income and wealth.
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5 April 2024 | 2 replies
The extra income from renting your current house would certainly help out regardless of what you decide to do and if you do your homework on a second house, it'll pay for itself!
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5 April 2024 | 1 reply
Are you looking for immediate cash flow through rental income, or are you more interested in long-term capital appreciation?
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7 April 2024 | 29 replies
Landlord friendly, low property taxes, no state income tax, and can be a day trip from CA.
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6 April 2024 | 5 replies
In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).
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5 April 2024 | 15 replies
In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.
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4 April 2024 | 2 replies
The recent $418 million settlement involving the National Association of Realtors has introduced another layer of complexity underscoring the urgency for proactive recruitment approaches in a market characterized by uncertainties.Sales managers are often stretched thin managing responsibilities like coaching and finalizing contracts leaving room for sourcing high caliber agents..
5 April 2024 | 1 reply
The majority of taxpayers are required to settle their tax dues by April 18 to avoid penalties and interest accruing on any outstanding amounts after this date.For those residing in Maine and Massachusetts, the deadline is extended to April 19 due to the Patriots’ Day holiday in these states.How to Request an ExtensionIf you find yourself in need of an extension, the IRS provides convenient options to make the process smoother:File Form 4868:Utilize your tax professional, tax software, or the IRS Free File platform on IRS.gov to submit Form 4868.Individual taxpayers, regardless of income, can leverage Free File for an automatic extension request.Electronic Payment Method:Make an electronic payment using Direct Pay, Electronic Federal Tax Payment System, or debit/credit card or digital wallet.When selecting the payment type, indicate it’s for an extension.
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4 April 2024 | 16 replies
You will need 2 years of tax returns showing consistent income.