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5 September 2016 | 10 replies
OR I can only do this move until I accrue 6 rental properties total, regardless of how i finance them?
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1 August 2016 | 0 replies
We have accrued a passive activity loss that we carryover each year because our joint income is too high to take any of the loss on our tax return.
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10 August 2015 | 33 replies
The recovery of the principal and the interest accrued.
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4 April 2015 | 4 replies
Trying to save money is one thing but you don't want to accrue a sunk investment and find yourself deep into a deal that needs more than saving.
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10 April 2015 | 2 replies
Where does the accrued equity for the first year (begining) comes from and the appreciation?
25 September 2016 | 33 replies
From a tax perspective, downloading the scans of cancelled checks (which have a memo line that comes in very hand for recording the purpose of the expense) is easier than going through your LLC credit card statement each month and taking separate notes for each expense.You could use a CREDIT card providing you pay the balance in full each month, so as to never incur interest charges, but that exposes you to an unnecessary risk (or mistake if you forget to make a payment and thus accrue interest charges) that is easily obviated by using a DEBIT card instead.
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26 December 2016 | 151 replies
If "Gayle" had left those funds in her retirement that "50-60%" loss(which we both no is not a loss unless she sold her holdings" has long since recovered and even accrued a sizeable gain has it not ?
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2 October 2015 | 3 replies
By doing this you get the benefit of owner financing they can complete a fully deferred exchange and the note they continue to carry will accrue no tax on the principle part of the payments- only on the interest3 you mentioned a short term note.
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7 November 2015 | 2 replies
In many LLCs (and for individuals if owned by a person) the managers get quarterly or annual distributions and others accrue cash w/o a distribution.
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9 October 2015 | 5 replies
She informed me that not only are there violations that need to be fixed before it is certified for occupancy, but there is a $250 per day fine accruing since July 1.