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6 September 2017 | 4 replies
You could also ask the bookkeeper which CPA does he/she collaborate with and then verify the competence level with with the CPA.If you are concerned about the safety of your financial documents, most cloud based accountants use software (Quickbooks, file sharing services, etc) with bank-level encryption.
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7 September 2017 | 4 replies
Even if you find a property in CA, chances are, that property alone will not offer you financial freedom.Good luck!
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6 September 2017 | 0 replies
There has been a time push out, the realitor was asighed to me, I made a bid 20,000 less than asking, my question is there is a Credit on the closing cost, I have not questioned it yet, I'm thinking it is the reality lady foisting the repair costs at the last minute on to the closing, in the contract I signed this is the sellers responsibilitie , I have to make a discussion, should I question the financial woman on who , why and how much the credit is.
10 September 2017 | 4 replies
Should I put up plywood board or corrugated metal sheets to protect the old windows (house was built in '84 and has original windows)Regarding upstairs unit what precautions should I take when finding someone to put up the board or metal sheets?
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6 September 2017 | 3 replies
My wife and I have very stable, well paying jobs in the Washington DC metro area, but we've made the decision we want to take charge of our financial futures instead of continually trading time for dollars like our families do.
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8 September 2017 | 9 replies
My personal big mistakes have been - buying home with converted garage and only car port (buyers here in So Cal, especially the guys, want/need a garage), bought a house with 55 stairs from street to front door - never again, and largest financial mistake was not going with my gut and chose to go with a new agent to list a multi million dollar property rather than my proven agent or myself.
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9 September 2017 | 12 replies
The amount of knowledge is overwhelming, but I'm hanging in there.My 401k and Roth used to be my rock, literally my goal to becoming financially independent, but I'm seeing now how thin simply maxing out a Roth account is for me as a plan.
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8 September 2017 | 8 replies
. $5,500/yr for IRA)- Ability to access up to $50K of your retirement funds tax and penalties free prior retirement via participant loan feature- Greater protection from creditors- No need for a custodian + checkbook control- Exempt from UBIT on leveraged real estate - Tax-free investing with built-in Roth component - and more!
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7 September 2017 | 2 replies
@Arseni Zaitsev if you don't need to protect the building, you could go with just a liability policy.
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7 September 2017 | 2 replies
I'm looking into buying the first investment property, and it seems like the only thing I can afford at the moment is properties from a low-income neighborhood without putting me into significant financial risk.