Christopher Arter
Second home purchase and DTI
6 September 2017 | 16 replies
I've read in various places they'll recognize up to 75% of the income, and this is based on experience as well..
Danny N.
Taxes Owed On Land Sold In A Foreign Country
4 June 2017 | 5 replies
If you sell it upfront in a fully taxable transaction the gain recognized should constitute taxable income to you in the year of sale.
Neil Sinha
Solo 401K structuring. Is this workable?
2 July 2017 | 3 replies
With a series LLC, each individual series can obtain an EIN and elect to check the box separately for taxation purposes even though the state of formation may not recognize them as separate entities from the parent.With all those factors assumed true, I have been contemplating the below (complex) structure:In the future, I may convert the operations entity into a standalone LLC for insulation / asset protection, but for the time being, let's examine it as an individual series off of the parent LLC.
Ivan M.
How to determine capital gains on sale of rental property?
3 September 2017 | 10 replies
The tax code does not let you recognize a loss of the sale of your primary residence, whereas, you are allowed to claim a capital loss on the sale of an investment property.
Alex Johnston
How to split bills with a girlfriend if you own 100% equity
2 September 2021 | 78 replies
I'm not your lawyer and this is not legal advice, etc.IF YOU STAY IN WASHINGTON, WATCH OUT, BRO.A 2-second google search showed me that Washington state recognizes some sort of nonsense called committed intimate relationships, which means that if you and your girlfriend live together and split expenses, she may have a claim on all your property, even if it is 100% owned by you and even if you do not hold yourselves out as being married.To avoid this, you will need to enter into a cohabitation agreement with your girlfriend, clearly setting out what is yours and what is hers (for example, all real estate now owned or later acquired).
Mark S.
Self-Directed Roth IRA for Belize Investment
23 September 2017 | 12 replies
In addition, you may need a Belize entity or a USA LLC as Belize does not recognize an IRA as an entity to purchase land.
Tom R.
Would you rent to someone with a past eviction?
16 January 2024 | 16 replies
Landlords can play a role by recognizing this and helping those worthy of a second chance find good housing.
Jennifer D.
Scared to begin Investing
19 November 2017 | 23 replies
Negotiate harder, come up with more creative terms or wait, but don't soften your resolve- you will learn and be better prepared to recognize a great deal when you see one.
Anna Buffkin
Call me old, but give me a phone call...texting and Facebook ugh!
21 December 2017 | 36 replies
It's the idea of working on your business and not in your business (I recognize this isn't plausible for every landlord).
Joshua T.
Delegation of authority for acquisitions and sales
23 January 2018 | 5 replies
Will banks and title companies recognize it?