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17 November 2024 | 30 replies
There are some exceptions to this but this is the general rule.The $150,000 hurdle shrinks to $75,000 if you are married but filing a separate return.Creating an LLC does not suddenly bypass this.In actuality, you created another filing requirement which your CPA will charge you an extra cost for.
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11 November 2024 | 16 replies
This approach requires more messaging though—and the impact of this at a larger scale could be a lot of extra work—but in our view, it was absolutely worth it.
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11 November 2024 | 8 replies
While passive rental income is possible, managing it across borders can be tricky and may incur extra costs like foreigner withholding taxes and specialized tax filing.Financial Accounts (Roth IRA and HYSA): From what I understand, if you were to leave the U.S. without citizenship or a green card, your ability to contribute to a Roth IRA would be affected as you would likely no longer have U.S.
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13 November 2024 | 18 replies
The goal here is to reduce liability.Consult an Attorney for Liability Options: An attorney could advise on setting up an umbrella insurance policy to add an extra layer of liability protection.
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14 November 2024 | 12 replies
But zero chance I would pay the extra to sell to this one buyer or expect debt to be forgiven.
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13 November 2024 | 13 replies
Anyone with a little extra money on their hands with the intent of buying real estate may be considered a legitimate lead.
8 November 2024 | 17 replies
Never limit yourself as to how you're gonna get paid.99.99% of the time, I've come out ahead because I've taken the extra step to accommodate my customer.Here's one for you all...."
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8 November 2024 | 38 replies
MTR is treated like an LTR from what I understand and I already own a couple LTR's so would rather do more of those than an MTR and avoid the extra hassle of furnishing, etc.
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8 November 2024 | 4 replies
One thing that male flippers sometimes overlook is making it not just a house, but a home and giving it that extra touch that makes people want to live there.
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8 November 2024 | 19 replies
That's an extra $250 per month or $3,000 per year.