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29 February 2016 | 17 replies
I’m in the 28% tax bracket for fed and 6.7% for California (my actual California tax rate is 9.3% but the 6.7% is net of federal tax benefit for state taxes paid), leaving me with a total tax savings of 34.7% x $10,000 = $3,470 (and this number is low because the $10,000 of tax deductions in excess of rental income is a low number).(3) Combine these $3,470 tax savings with the $7,500 increased equity and you got $10,970 in annual economic increase by house hacking vs. renting for $600/month.(4) There’s appreciation potential over the next 30 years that I hold the property, especially where we live in California.For the reasons above, if you’re currently renting, this is a no-brainer.
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16 February 2016 | 14 replies
I also have a client that may benefit from a 1031 ... any one have some experience in this quick turn around
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10 March 2016 | 28 replies
You can always PM me to chat and we can see how we can be of benefit to each other.Looking forward to meeting you soon!
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18 February 2016 | 16 replies
I’ve been working for the USPS as a mail processing clerk for the past three years - I handle and organize letters and packages (via methods of machine sorting and hand sorting) for the carrier routes the next morning.Overall, the post office has treated me well, putting fairly decent checks in my pocket with some pretty sweet benefits to go along with them.
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7 March 2016 | 7 replies
Seek out complementary services, and keep an eye out for established businesses is lesser-quality locations that could benefit by making a step up.
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29 February 2016 | 19 replies
And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.
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25 February 2016 | 10 replies
They hold the funds, sign the contracts, issue funds for expenses and receive income from the investments - all for the benefit of your IRA.
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16 February 2016 | 3 replies
Being a first time buyer/investor, I think you would benefit most from reading the Ultimate Beginner's Guide here on the site (www.biggerpockets.com/ubg) ...It'll provide an excellent foundation for you going forward, invest in your education first!
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16 February 2016 | 5 replies
They get all the benefits of paying their mortgage on time, credit and taxes-wise.
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20 February 2016 | 9 replies
And you get the benefit of having over 100 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.