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13 October 2018 | 7 replies
The choice is to to save myself some grief bending the thicker cable, $30 for the difference in price, and explaining a simple return to HD (when I shell out as much as I do with my local store every year), or cutting it close with an 8000-watt appliance in a basement.Going with the 6/2.
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21 September 2018 | 11 replies
You also need to be cognizant of the gift tax implications here - if you gave your parents $100k that wasn't a loan - you made a taxable gift and should have filed a gift tax return.
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15 September 2018 | 3 replies
I bought a house in Spokane, lived in it for about 3 months but had to return to Tucson.
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17 September 2018 | 19 replies
Her motivation was to be done with the long distance headache and any money that she realized from the sale was like "bonus" money to her (similar to how folks often view their tax returns as "free" or "bonus" money).
17 September 2018 | 5 replies
Hello everyone, I'm looking to get my first single family rental property soon and was hoping to get some advice.I was planning on borrowing a 20% down payment along with rehab costs from my mom and giving her a 12% return on whatever she lends me.
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27 September 2018 | 17 replies
They sent a check for rent past the 60 day notice which I immediately returned.
17 September 2018 | 9 replies
Property this close to the city is limited.Using an online calculator I found and assuming the property appreciates 3% per year and the after tax return on reinvestment if I sell is 5%, I’d still make $120k after 20 years if I rent.
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21 September 2018 | 4 replies
Historically the best return would be achieved by keeping the property.
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16 September 2018 | 4 replies
You have to start with offering something in return.
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24 September 2018 | 6 replies
Hey @Alison Crawford - If you can clear $200,000 by selling it, and can earn $6,000 a year renting it, you're technically getting a 3% return on your equity.