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8 January 2022 | 13 replies
Individuals will owe the tax if they have Net Investment Income and also have modified adjusted gross income over the following thresholds:Filing StatusThreshold AmountMarried filing jointly$250,000Married filing separately$125,000Single$200,000Head of household (with qualifying person)$200,000Qualifying widow(er) with dependent child$250,000Taxpayers should be aware that these threshold amounts are not indexed for inflation.If you are an individual who is exempt from Medicare taxes, you still may be subject to the Net Investment Income Tax if you have Net Investment Income and also have modified adjusted gross income over the applicable thresholds.NII consists of the sum of three categories of income reduced by any properly allocable deductions for each [Reg. 1.1411-4(a)].
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4 January 2022 | 8 replies
Now, investors who do not properly account for a state or area's specific property tax situation can be in for a big surprise.I would be concerned about too much dependence on a military base (can't comment on Meridian MS in particular though).
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10 January 2022 | 9 replies
More importantly, egress window with certain operable area requirements and a sill height of no more than 44" from finished floor.In my specific village, add to the above minimum of 150 sq ft.Finally, as others mentioned, legally having a bedroom and functionally having a bedroom can be vastly different.
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10 January 2022 | 3 replies
(which means i should likely properly re-do my kitchen in the unit i currently live in.it's fine for me, but i wouldnt rent it as sits)thinking i'll try 1-4 units until i run out of easy financing... then may slide over to midsize multi.Cheers!
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4 January 2022 | 6 replies
I would ask the agent how they are planning to negotiate and represent you properly, and make sure they aren't just all about the commission.
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6 January 2022 | 11 replies
I’m looking at the areas immediately surrounding Austin proper.
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11 January 2022 | 4 replies
Proper Insurance would be an option for you.
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5 January 2022 | 4 replies
She has the proper documentation which I confirmed with her doctor.
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5 January 2022 | 2 replies
Make sure that you properly prepare yourself for owning a home.
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6 January 2022 | 3 replies
The other area I find that is not properly addressed is the Loss Assessment coverage.